Simpson Manufacturing (SSD) CEO granted 17,140 shares, withholds 1,582 for taxes
Rhea-AI Filing Summary
Simpson Manufacturing President and CEO Michael Olosky reported two equity-related transactions involving company common stock. On February 17, 2026, he acquired 17,140 shares at $0.00 per share as a grant or award, tied to performance stock units granted in January 2023 whose performance and vesting periods ended on December 31, 2025 and that settled on February 17, 2026.
At his election, the acquired shares have been deferred into the company’s Nonqualified Plan and will settle on a future date he previously selected. The same day, 1,582 shares were disposed of at $209.01 per share to cover tax withholding obligations on restricted stock units that vested on February 17, 2026, rather than an open-market sale. After these transactions, he directly owned 54,896 shares, which include 17,210 unvested restricted stock units and 34,188 deferred shares that will settle according to his deferral elections.
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Insights
CEO receives stock from prior performance award; some shares withheld for taxes.
Michael Olosky, President and CEO of Simpson Manufacturing, received 17,140 shares through settlement of previously granted performance stock units, with a stated price of
He elected to defer these shares into the company’s Nonqualified Plan, meaning actual share delivery will occur on a future date chosen in his deferral elections. On the same date, 1,582 shares at
Following these transactions, his directly held position totaled 54,896 shares, including 17,210 unvested restricted stock units and 34,188 deferred shares. The overall pattern is typical of executive equity compensation, combining performance-based vesting, tax withholding in shares, and deferral choices, and does not by itself signal a directional view on the stock.