First Eagle Investment Management (SLP) reports 5.30% beneficial stake in Simulations Plus

Rhea-AI Filing Summary

First Eagle Investment Management, LLC reports beneficial ownership of common stock of Simulations Plus Inc. The firm is deemed to be the beneficial owner of 4,674,801.24 shares, representing 5.30% of Simulations Plus common stock believed to be outstanding through its role as investment adviser to various clients.

Within this stake, First Eagle Investment Management, LLC has sole voting and dispositive power over 1,070,582 shares and no shared voting or dispositive power. The shares are held principally on behalf of investment advisory clients, including investment companies, employee benefit plans, pension funds, other institutional clients, and separate accounts, whose clients retain the right to receive dividends and sale proceeds.

Key Figures

Beneficial ownership: 4,674,801.24 shares Percent of class: 5.30% Sole voting power: 1,070,582 shares +3 more

6 metrics

Beneficial ownership 4,674,801.24 shares Shares of Simulations Plus common stock deemed beneficially owned by First Eagle Investment Management, LLC

Percent of class 5.30% Portion of Simulations Plus common stock believed to be outstanding beneficially owned via advisory clients

Sole voting power 1,070,582 shares Shares of Simulations Plus common stock over which First Eagle has sole power to vote

Shared voting power 0 Shares of Simulations Plus common stock with shared power to vote

Sole dispositive power 1,070,582 shares Shares of Simulations Plus common stock over which First Eagle has sole power to dispose

Shared dispositive power 0 Shares of Simulations Plus common stock with shared power to dispose

Key Terms

beneficial owner, sole power to vote, dispositive power, Investment Advisers Act of 1940, +1 more

5 terms

beneficial owner financial

"is deemed to be the beneficial owner of 4,674,801.24 shares, or 5.30%"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

sole power to vote financial

"Number of shares as to which the person has | (i) Sole power to vote or to direct the vote"

dispositive power financial

"(iii) Sole power to dispose or to direct the disposition of: 1,070,582"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Investment Advisers Act of 1940 regulatory

"an investment adviser registered under Section 203 of the Investment Advisers Act of 1940"

A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.

investment advisory clients financial

"principally on behalf of investment advisory clients, which may include investment companies"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/06/2026 - 10:43 AM Accepted by SEC EDGAR 08/06/2026 - 10:42 AM Learn about SEC filing dates

FAQ

What percentage of Simulations Plus Inc (SLP) shares does First Eagle Investment Management beneficially own?

First Eagle Investment Management is deemed the beneficial owner of 4,674,801.24 shares of Simulations Plus common stock, representing 5.30% of the class believed to be outstanding through its advisory relationships with various clients.

How many Simulations Plus (SLP) shares does First Eagle Investment Management control through sole voting power?

First Eagle Investment Management has sole voting power over 1,070,582 shares of Simulations Plus common stock and no shared voting power, reflecting the shares it can vote or direct the vote for on behalf of its advisory clients.

What is the nature of First Eagle Investment Management’s ownership of Simulations Plus (SLP) shares?

The Simulations Plus shares are held by or at the direction of First Eagle Investment Management, LLC and its adviser subsidiaries, principally on behalf of investment advisory clients, who have the right to receive dividends and sale proceeds.

Under which regulatory framework is First Eagle Investment Management acting in holding Simulations Plus (SLP) shares?

First Eagle Investment Management is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940 and is deemed a beneficial owner of Simulations Plus shares due to its advisory role for multiple clients.

Does First Eagle Investment Management share dispositive power over Simulations Plus (SLP) stock with other parties?

No. First Eagle Investment Management reports sole dispositive power over 1,070,582 shares of Simulations Plus common stock and no shared dispositive power, meaning it alone directs the disposition of those specific shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Simulations Plus Inc

(Name of Issuer)

Common

(Title of Class of Securities)

829214105

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 829214105

1

Names of Reporting Persons

First Eagle Investment Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,070,582.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,070,582.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,070,582.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Simulations Plus Inc
(b)	Address of issuer's principal executive offices: 600 PARK OFFICES DRIVE, SUITE 300 #4134, DURHAM, NC, 27713
Item 2.
(a)	Name of person filing: First Eagle Investment Management, LLC
(b)	Address or principal business office or, if none, residence: 1345 Avenue of the Americas, New York, 10105, New York, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: Common
(e)	CUSIP Number(s): 829214105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,070,582
(b)	Percent of class: 5.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,070,582
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1,070,582
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Securities reported on this Schedule 13G as being beneficially owned by First Eagle Investment Management, LLC are held by or at the direction of First Eagle Investment Management, LLC and/or one or more of its investment adviser subsidiaries, which may include First Eagle Separate Account Management, LLC, principally on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds, other institutional clients, or separate accounts, but sometimes for its own account. First Eagle Investment Management, LLC (FEIM), an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, is deemed to be the beneficial owner of 4,674,801.24 shares, or 5.30% of the common stock believed to be outstanding as a result of acting as investment adviser to various clients. Clients of FEIM have the right to receive and the ultimate power to direct the receipt of dividends from, or the proceeds of the sale of, such securities.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

First Eagle Investment Management, LLC

Signature:	David O'Connor
Name/Title:	General Counsel
Date:	08/06/2026