Simpson Manufacturing (NYSE: SSD) exec moves stock inside profit-sharing plan
Rhea-AI Filing Summary
Simpson Manufacturing Co., Inc. (SSD) reports that officer Nozomi Bullock, EVP, Human Resources, executed a discretionary, intra-plan transfer on 2026-08-18. An indirect holding of 21.81 shares of common stock, held in the Simpson Manufacturing Profit Sharing Plan for Salaried Employees, was disposed of as part of a transfer from the company stock fund to another plan investment option, exempt under Rule 16b-3(f). Following this transfer, the indirect position in these shares is reported as 0, and Bullock holds 773 common shares directly, including unvested Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21.81 shares
Net Sell
2 txns
Insider
Bullock Nozomi
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Discretionary | Common Stock F1, F2 | 21.81 | $189.84 | $4K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By Trust (PSP));
Common Stock — 773 shares (Direct)
Footnotes (3)
- F1. The transaction constitutes an intra-plan transfer from the company stock fund to another investment option under the Simpson Manufacturing Co., Inc. Profit Sharing Plan for Salaried Employees (the "Plan"). The transaction was a discretionary transaction exempt under Rule 16b-3(f). These shares were not previously reported due to an administrative error.
- F2. The shares are owned by the Simpson Manufacturing Co., Inc. Profit Sharing Plan for Salaried Employees (the "Plan") of which the reporting person is a participant. The Plan is qualified under sections 401(a)(26) and 410 of the Internal Revenue Code.
- F3. Includes Restricted Stock Units that have not yet vested.
Key Figures
Shares transferred: 21.81 shares
Transaction price per share: $189.84 per share
Indirect shares following transaction: 0 shares
+1 more
4 metrics
Shares transferred
21.81 shares
Intra-plan transfer from company stock fund on 2026-08-18
Transaction price per share
$189.84 per share
Valuation used for the 21.81-share intra-plan transfer
Indirect shares following transaction
0 shares
Indirect holdings in plan stock fund tied to this position after transfer
Direct shares following transaction
773 shares
Direct common stock holdings after transaction, including unvested RSUs
Key Terms
Discretionary transaction under Rule 16b-3(f), Profit Sharing Plan for Salaried Employees, Restricted Stock Units
3 terms
Discretionary transaction under Rule 16b-3(f) regulatory
"The transaction was a discretionary transaction exempt under Rule 16b-3(f)."
Profit Sharing Plan for Salaried Employees financial
"owned by the Simpson Manufacturing Co., Inc. Profit Sharing Plan for Salaried Employees"
Restricted Stock Units financial
"Includes Restricted Stock Units that have not yet vested."
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.
FAQ
What insider transaction did SSD executive Nozomi Bullock report on this Form 4?
The filing reports a discretionary intra-plan transfer on 2026-08-18, in which 21.81 shares of Simpson Manufacturing common stock held in a company profit sharing plan were transferred from the company stock fund to another investment option under the plan.
Did Nozomi Bullock sell SSD stock in the open market?
No. The Form 4 describes an intra-plan transfer within the Simpson Manufacturing profit sharing plan, moving 21.81 shares from the company stock fund to another investment option, and notes the transaction was a discretionary transaction exempt under Rule 16b-3(f).
Was the SSD Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is not checked, and the footnote explains the event was a discretionary transaction under Rule 16b-3(f) involving an intra-plan transfer within the Simpson Manufacturing profit sharing plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.