Simulations Plus (SLP) insiders sell 15,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simulations Plus, Inc. directors and major shareholders Walter and Virginia WoltOSZ reported an open-market sale of 15,000 shares of common stock at an average price of $15.13 per share. After the sale, they directly held 3,267,800 shares. The transactions were executed automatically under a pre-arranged Rule 10b5-1 trading plan, and the shares were sold in multiple trades at prices ranging from $15.00 to $15.24.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($226,950)
Net Sell
1 txn
Insider
WOLTOSZ WALTER S, WOLTOSZ VIRGINIA E
Role
null | null
Sold
15,000 shs ($227K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $15.13 | $227K |
Holdings After Transaction:
Common Stock — 3,267,800 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 multiple transactions at prices falling within those ranges set forth in footnote (3) of this Form 4. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the relevant footnotes. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.24, inclusive.
Key Figures
Shares sold: 15,000 shares
Average sale price: $15.13 per share
Post-transaction holdings: 3,267,800 shares
+1 more
4 metrics
Shares sold
15,000 shares
Open-market sale of common stock
Average sale price
$15.13 per share
Common stock sale on 2026-05-04
Post-transaction holdings
3,267,800 shares
Directly held after sale
Sale price range
$15.00–$15.24
Multiple transactions within this range
Key Terms
Rule 10b5-1 plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 plan regulatory
"The sales reported in this Form 4 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.
open-market sale financial
"transaction_action: "open-market sale""
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.
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.
Form 4 regulatory
"The sales reported in this Form 4 were effected automatically"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Simulations Plus (SLP) disclose in this Form 4?
Simulations Plus insiders Walter and Virginia WoltOSZ disclosed an open-market sale of 15,000 shares of common stock at an average price of $15.13 per share. The sale was executed through multiple trades within a narrow price range under a pre-arranged plan.
Who are the insiders involved in the Simulations Plus (SLP) Form 4 filing?
The Form 4 identifies Walter S. WoltOSZ, a director and 10% owner, and Virginia E. WoltOSZ, a 10% owner, as reporting persons. They jointly reported the sale of common stock and remain significant shareholders after the transaction, retaining a large direct position in the company.
Was the Simulations Plus (SLP) insider sale made under a Rule 10b5-1 trading plan?
Yes. The footnotes state the sales were effected automatically under a Rule 10b5-1 plan adopted by the reporting persons. Such plans are pre-arranged trading programs that schedule transactions in advance, helping separate trade timing from day-to-day discretionary decisions.
What type of transaction is reported in the Simulations Plus (SLP) Form 4?
The Form 4 reports a non-derivative open-market sale of common stock, coded as an “S” transaction. This indicates an ordinary share sale rather than an option exercise, conversion, gift, or tax-withholding event, and involves directly held Simulations Plus common shares.