[Form 4] Simulations Plus, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Helios Technologies (NYSE:HLIO) disclosed in an 8-K that on 1 Aug 2025 it signed a definitive agreement to sell its Custom Fluidpower (CFP) business to Questas Group for AUD 83 million (≈ USD 54 million) in cash, subject to customary working-capital adjustments.

The agreement also establishes an exclusive supply arrangement under which CFP will remain a customer of Helios’ Sun Hydraulics division for cartridge valve and manifold products, preserving an ongoing revenue stream. Closing conditions were not detailed beyond standard adjustments. A press release (Exhibit 99.1) accompanies the filing; no pro-forma financials or earnings guidance were provided.

• Form type: 8-K, Item 8.01 (Other Events)
• No impact on previously issued financial statements disclosed
• Cash proceeds expected at closing; use of proceeds not specified

Insights

M&A Specialist

TL;DR — Divestiture injects ≈USD 54 m cash and tightens core focus.

The CFP sale monetises a non-core asset at a clear cash valuation, freeing capital that can be redeployed or reduce leverage. Retaining CFP as a customer via an exclusive supply deal mitigates revenue leakage and signals strategic confidence in Sun Hydraulics’ offerings. Lack of disclosed EBITDA multiples prevents assessment of pricing richness, but pure cash consideration limits deal risk. Overall, the transaction is structurally positive and strategically aligned.

Portfolio Manager

TL;DR — Modestly accretive; monitor lost top-line vs. cash gain.

While the divestiture improves liquidity, investors must weigh potential revenue reduction once CFP is de-consolidated. The continuing supply agreement partially offsets this, yet margin mix could change. Absence of guidance on proceeds deployment or EPS impact keeps the near-term valuation effect uncertain. Impact classified as moderate positive pending clarity on capital allocation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WEINER DANIEL L

(Last) (First) (Middle)

800 PARK OFFICES DRIVE

SUITE 401

(Street)

RESEARCH TRIANGLE PARK NC 27709

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Simulations Plus, Inc. [ SLP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/01/2025		A		2,074	A	$0(1)	10,883	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Stock granted as independent director compensation, issued under the issuer's 2021 Equity Incentive Plan.

Remarks:

	/s/ Daniel Hoeft, attorney-in-fact for Daniel L. Weiner	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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