Simpson (SSD) director defers 678 RSUs, now holds 4,775 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knight Kenneth D. reported acquisition or exercise transactions in this Form 4 filing.
Simpson Manufacturing Co., Inc. director Kenneth D. Knight reported an equity award of 678 shares of common stock in the form of restricted stock units on May 6, 2026. These units were granted under the company’s non-employee director compensation policy.
At his election, the 678 restricted stock units have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan and will be settled in shares of common stock on a future date he selected when making his deferral election. After this award, he beneficially owns 4,775 shares of common stock, which include 2,828 restricted stock units previously deferred under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Knight Kenneth D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 678 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,775 shares (Direct, null)
Footnotes (1)
- At the election of the Reporting Person, the restricted stock units acquired pursuant to this filing have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan (the "Plan") and will be settled in shares of common stock on a future date selected by the Reporting Person at the time of his or her deferral election. Represents 678 restricted stock units acquired pursuant to the Company's non-employee director compensation policy. Includes 2,828 restricted stock units deferred under the Plan which will settle in shares of common stock pursuant to the applicable terms of the Reporting Person's deferral election.
Key Figures
Restricted stock units granted: 678 units
Grant price per share: $0.0000 per share
Shares owned after transaction: 4,775 shares
+1 more
4 metrics
Restricted stock units granted
678 units
Grant/award on May 6, 2026
Grant price per share
$0.0000 per share
Compensation-related RSU award
Shares owned after transaction
4,775 shares
Total beneficial ownership following RSU grant
Deferred RSUs included in holdings
2,828 units
Restricted stock units deferred under the Nonqualified Plan
Key Terms
restricted stock units, Nonqualified Plan, non-employee director compensation policy, deferral election
4 terms
restricted stock units financial
"Represents 678 restricted stock units acquired pursuant to the Company's non-employee director compensation policy."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Nonqualified Plan financial
"the restricted stock units acquired pursuant to this filing have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan"
non-employee director compensation policy financial
"Represents 678 restricted stock units acquired pursuant to the Company's non-employee director compensation policy."
deferral election financial
"on a future date selected by the Reporting Person at the time of his or her deferral election."
FAQ
What insider transaction did SSD director Kenneth D. Knight report?
Kenneth D. Knight reported receiving 678 restricted stock units of Simpson Manufacturing common stock. The award was made under the company’s non-employee director compensation policy and is recorded at a price of $0.0000 per share as a compensation-related grant, not a market purchase.
How were Kenneth D. Knight’s 678 SSD restricted stock units treated?
The 678 restricted stock units were deferred under Simpson Manufacturing’s Nonqualified Plan at Knight’s election. They will be settled in shares of common stock on a future date he selected when he made his deferral election, rather than being delivered immediately as current shares.
What is the Simpson Manufacturing Nonqualified Plan mentioned in the Form 4?
The Nonqualified Plan allows participants, including directors like Kenneth D. Knight, to defer restricted stock unit awards. Under this plan, deferred units settle into shares of Simpson Manufacturing common stock on a future date chosen by the participant at the time of the deferral election, rather than vesting immediately.
Is Kenneth D. Knight’s Form 4 transaction a market buy or a compensation grant?
The Form 4 shows a compensation-related grant, not a market buy. The transaction code is “A” for a grant, award, or other acquisition, and the 678 restricted stock units carry a stated price of $0.0000 per share, consistent with shares received as part of director compensation.