Angela C. Drake receives 678-share equity award at Simpson (SSD)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Drake Angela C reported acquisition or exercise transactions in this Form 4 filing.
Simpson Manufacturing Co., Inc. director Angela C. Drake received a grant of 678 shares of common stock on May 6, 2026, reported as a compensation-related award at no cash cost per share. Following this grant, she holds a total of 1,691 common shares directly.
The footnotes explain that the 678 shares represent restricted stock units granted under the company’s non-employee director compensation policy, highlighting this as routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Drake Angela C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 678 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,691 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 678 shares
Holdings after grant: 1,691 shares
Reported transaction price: $0.00 per share
3 metrics
Equity grant size
678 shares
Restricted stock units granted on May 6, 2026
Holdings after grant
1,691 shares
Total common stock directly owned after transaction
Reported transaction price
$0.00 per share
Grant/award acquisition of common stock
Key Terms
restricted stock units, non-employee director compensation policy, Grant, award, or other acquisition
3 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.
non-employee director compensation policy financial
"acquired pursuant to the Company's non-employee director compensation policy."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Simpson Manufacturing (SSD) director Angela C. Drake report on this Form 4?
Angela C. Drake reported receiving 678 shares of Simpson Manufacturing common stock as an equity grant. The award was made under the non-employee director compensation policy and increased her direct holdings to 1,691 shares after the transaction.
Was Angela C. Drake’s SSD transaction a market buy or sell?
The transaction was not a market buy or sell; it was a grant of 678 restricted stock units. These shares were awarded as part of Simpson Manufacturing’s non-employee director compensation program, with no price paid per share in the reported transaction.
What is the size of the equity grant Angela C. Drake received from Simpson Manufacturing?
Angela C. Drake received 678 restricted stock units of Simpson Manufacturing common stock. The filing classifies this as a grant or award acquisition with a reported per-share transaction price of $0.00, reflecting compensation rather than an open-market purchase.