Simpson Manufacturing (SSD) EVP logs stock grant and tax-withholding share disposition
Rhea-AI Filing Summary
Simpson Manufacturing Co., Inc. executive vice president of innovation Jeremy Gilstrap reported stock-based compensation activity in company common stock. He received a grant or award acquisition of 2,449 shares on February 17, 2026 at a stated price of $0.0000 per share, increasing his direct holdings to 11,318 shares before related tax withholding.
On the same date, 418 shares at $209.01 per share were disposed of through a tax-withholding transaction to cover obligations tied to performance stock units and restricted stock units that settled or vested on February 17, 2026, leaving 10,900 directly owned shares. Footnotes note that part of the acquired stock was deferred under the company’s Nonqualified Plan, and that his direct position includes 1,958 unvested restricted stock units and 2,774 deferred shares. He also indirectly owns 1,255 shares through the Simpson Manufacturing Co., Inc. Profit Sharing Plan for Salaried Employees.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,449 | $0.00 | -- |
| Tax Withholding | Common Stock | 418 | $209.01 | $87K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- At the election of the Reporting Person, a portion of the shares of common stock acquired pursuant to this filing have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan (the "Plan") and will settle on a future date selected by the Reporting Person at the time of his or her deferral election. Represents performance stock units granted in January 2023, for which the performance and vesting periods ended December 31, 2025, and for which the settlement date was February 17, 2026. Represents shares of common stock withheld by the Company to satisfy the tax withholding obligation for the reporting person's performance stock units that settled on February 17, 2026, and restricted stock units that vested on February 17, 2026. Includes 1,958 restricted stock units that have not yet vested and 2,774 shares of common stock deferred under the Plan which will settle pursuant to the applicable terms of the Reporting Person's deferral election. 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 qualifies under sections 401(a)(26) and 410 of the Internal Revenue Code.