Simpson Manufacturing (SSD) Insider Sale: 1,000 Shares Disposed by EVP
Rhea-AI Filing Summary
Simpson Manufacturing Co., Inc. (SSD) insider sale disclosed on Form 4. Executive Vice President, Europe Michael Andersen reported disposing of 1,000 shares of Common Stock on 08/25/2025 at a weighted average price of $196.13 per share. After the sale, Mr. Andersen beneficially owns 7,810 shares, a total that the filing notes includes Restricted Stock Units that have not yet vested. The filing includes an explanatory footnote that the reported price reflects multiple sale prices ranging from $196.12 to $196.14, and the Form bears a signature dated 08/26/2025.
Positive
- Detailed transaction disclosure showing date, weighted average price range ($196.12–$196.14), and number of shares sold (1,000).
- Post-transaction ownership disclosed as 7,810 shares with explicit note that this includes unvested Restricted Stock Units.
- Filing includes explanatory footnote offering to provide breakdown of shares sold at each price upon request.
Negative
- Officer disposed of 1,000 shares on 08/25/2025, reducing direct holdings (potential perception risk though materiality not stated).
Insights
TL;DR: Routine insider sale by an officer; small, transparent transaction with limited disclosed impact.
The filing documents a single-day disposition of 1,000 shares by EVP Michael Andersen at a weighted average price of $196.13. The report clarifies the sale occurred across multiple executions between $196.12 and $196.14. Post-transaction beneficial ownership is 7,810 shares, which includes unvested Restricted Stock Units. From a capital-markets perspective, this is a straightforward disclosure of an officer sale rather than evidence of broader corporate action; the filing provides the expected transactional detail and a signature certifying the report.
TL;DR: Disclosure meets Section 16 requirements and documents RSUs in outstanding ownership.
The Form 4 identifies the reporting person, relationship to the issuer (EVP, Europe and director), and the exact transaction details required under Section 16. It explicitly notes that the post-sale beneficial ownership figure includes Restricted Stock Units that remain unvested, which is important for assessing true current economic ownership. The filing includes an explanatory footnote and a dated signature, aligning with routine governance and disclosure expectations.