Director at Simpson Manufacturing (NYSE: SSD) granted 678 share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simpson Manufacturing Co., Inc. director James S. Andrasick reported a routine equity grant. He acquired 678 shares of common stock at $0.00 per share under the company’s non-employee director compensation policy, increasing his directly held stake to 861 shares.
Separately, 5,645 shares of common stock are held indirectly by The James S Andrasick Revocable Living Trust. The filing notes that these trust-held shares are reported for technical purposes and that Andrasick disclaims beneficial ownership of them.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ANDRASICK JAMES S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 678 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 861 shares (Direct, null);
Common Stock — 5,645 shares (Indirect, By Trust)
Footnotes (1)
- Represents 678 shares acquired pursuant to the Company's non-employee director compensation policy. These shares are held by The James S Andrasick Revocable Living Trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Key Figures
Director share grant: 678 shares
Grant price: $0.00 per share
Direct holdings after grant: 861 shares
+1 more
4 metrics
Director share grant
678 shares
Common stock awarded May 6, 2026 under non-employee director compensation policy
Grant price
$0.00 per share
Equity award to non-employee director James S. Andrasick
Direct holdings after grant
861 shares
James S. Andrasick direct common stock ownership following reported transaction
Indirect trust holdings
5,645 shares
Common stock held by The James S Andrasick Revocable Living Trust, with beneficial ownership disclaimed
Key Terms
non-employee director compensation policy, Revocable Living Trust, beneficial ownership, Section 16
4 terms
non-employee director compensation policy financial
"Represents 678 shares acquired pursuant to the Company's non-employee director compensation policy."
Revocable Living Trust financial
"These shares are held by The James S Andrasick Revocable Living Trust."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did SSD director James S. Andrasick report?
James S. Andrasick reported receiving 678 shares of Simpson Manufacturing common stock as a grant under the non-employee director compensation policy. The shares were acquired at $0.00 per share and represent routine equity compensation rather than an open-market purchase or sale.