Simulations Plus (SLP) president logs 1,050-share 10b5-1 sale and option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simulations Plus, Inc. executive Jill Fiedler-Kelly, President, Services Solutions, reported an option exercise and related share sale in company stock. She exercised employee stock options for 1,050 shares of common stock at $10.05 per share and then sold 1,050 shares in an open-market transaction at $16.51 per share.
The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance rather than timed discretionarily. After these transactions, she directly holds 77,817 shares of Simulations Plus common stock and 7,350 stock options that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,050 shares ($17,336)
Net Sell
3 txns
Insider
Fiedler-Kelly Jill
Role
President, Services Solutions
Sold
1,050 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 1,050 | $0.00 | -- |
| Exercise | Common Stock | 1,050 | $10.05 | $11K |
| Sale | Common Stock | 1,050 | $16.51 | $17K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 7,350 shares (Direct, null);
Common Stock — 78,867 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting persons. These shares were sold in a single transaction at $16.51. Fully Vested
Key Figures
Shares sold: 1,050 shares
Sale price: $16.51/share
Options exercised: 1,050 shares
+5 more
8 metrics
Shares sold
1,050 shares
Open-market sale of common stock at $16.51 per share
Sale price
$16.51/share
Single transaction sale of 1,050 Simulations Plus shares
Options exercised
1,050 shares
Employee stock options exercised at $10.05 per share
Option strike price
$10.05/share
Conversion or exercise price for employee stock option
Shares held after
77,817 shares
Direct Simulations Plus common stock holdings post-transaction
Options remaining
7,350 options
Employee stock options outstanding after exercising 1,050
Option expiration
February 23, 2027
Expiration date of the reported employee stock option grant
Net share change
-1,050 shares
Net buy/sell shares from reported transactions
Key Terms
Rule 10b5-1 plan, Employee Stock Option (Right to Buy), open-market sale, derivative security
4 terms
Rule 10b5-1 plan regulatory
"The sales were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting persons."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Employee Stock Option (Right to Buy) financial
"Security title is listed as Employee Stock Option (Right to Buy) with an exercise price of $10.05."
open-market sale financial
"Transaction action is described as an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"Transaction code M is defined as exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Simulations Plus (SLP) executive Jill Fiedler-Kelly report?
She reported an option exercise and a matching share sale. Fiedler-Kelly exercised options for 1,050 Simulations Plus shares at $10.05 and sold 1,050 shares at $16.51 on the same date, reflecting an exercise-and-sell pattern.
What stock options did Jill Fiedler-Kelly exercise in this Simulations Plus (SLP) Form 4?
She exercised employee stock options for 1,050 Simulations Plus shares. These options carried a conversion or exercise price of $10.05 per share and relate to Employee Stock Option (Right to Buy) awards tied to the company’s common stock.
When do Jill Fiedler-Kelly’s remaining Simulations Plus (SLP) stock options expire?
The remaining employee stock options expire on February 23, 2027. The derivative section lists an Employee Stock Option (Right to Buy) position with an expiration date of February 23, 2027 and an exercise price of $10.05 per share.