Simulations Plus (SLP) director receives 2,117-share equity grant as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paglia John Kenneth reported acquisition or exercise transactions in this Form 4 filing.
Simulations Plus, Inc. director John Kenneth Paglia received a stock grant of 2,117 shares of Common Stock as independent director compensation, issued under the company’s 2021 Equity Incentive Plan. Following this award, he directly holds a total of 14,589 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Paglia John Kenneth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,117 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,589 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,117 shares
Transaction price per share: $0.0000 per share
Shares held after transaction: 14,589 shares
3 metrics
Shares granted
2,117 shares
Common Stock grant as independent director compensation
Transaction price per share
$0.0000 per share
Reported grant price for director stock award
Shares held after transaction
14,589 shares
Director’s direct Common Stock holdings following the grant
Key Terms
Common Stock, Equity Incentive Plan, independent director compensation, Grant, award, or other acquisition
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Equity Incentive Plan financial
"issued under the issuer's 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
independent director compensation financial
"Stock granted as independent director compensation"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Simulations Plus (SLP) director John Kenneth Paglia report on this Form 4?
John Kenneth Paglia reported receiving a grant of 2,117 shares of Simulations Plus Common Stock. The shares were awarded as independent director compensation under the company’s 2021 Equity Incentive Plan, representing a non-cash equity grant rather than an open-market stock purchase.
Is the Simulations Plus (SLP) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not a market purchase. Code A indicates a grant or award, and the 2,117 Common Stock shares were issued as independent director compensation under the 2021 Equity Incentive Plan at a reported price of $0.0000 per share.
What is the significance of the 2021 Equity Incentive Plan for Simulations Plus (SLP)?
The 2021 Equity Incentive Plan provides a framework for Simulations Plus to grant equity awards such as stock to directors and other participants. In this filing, 2,117 Common Stock shares were issued to an independent director as compensation pursuant to this specific incentive plan.