Simpson Manufacturing (NYSE: SSD) director awarded 678 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Banks Chau reported acquisition or exercise transactions in this Form 4 filing.
Simpson Manufacturing Co., Inc. director Banks Chau received an award of 678 shares of common stock on May 6, 2026 as part of the company’s non-employee director compensation policy. The award is in the form of restricted stock units that have been deferred under the company’s Nonqualified Plan and will be settled in shares of common stock on a future date chosen by the director at the time of deferral. Following this grant, Chau’s holdings total 3,019 shares, including 2,103 deferred restricted stock units that will also settle in common stock under his deferral elections.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Banks Chau
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 678 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,019 shares (Direct, null)
Footnotes (1)
- At the election of the Reporting Person, the restricted stock units acquired pursuant to this filing have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan (the "Plan") and will be settled in shares of common stock on a future date selected by the Reporting Person at the time of his or her deferral election. Represents 678 shares acquired pursuant to the Company's non-employee director compensation policy. Includes 2,103 restricted stock units deferred under the Plan which will settle in shares of common stock pursuant to the applicable terms of the Reporting Person's deferral election.
Key Figures
RSU grant: 678 shares
Holdings after transaction: 3,019 shares
Deferred RSUs: 2,103 units
+1 more
4 metrics
RSU grant
678 shares
Restricted stock units granted May 6, 2026
Holdings after transaction
3,019 shares
Total common stock and units after grant
Deferred RSUs
2,103 units
Restricted stock units deferred under Nonqualified Plan
Transaction price
$0.0000 per share
Indicates compensation grant, not market purchase
Key Terms
restricted stock units, Nonqualified Plan, non-employee director compensation policy, deferred
4 terms
restricted stock units financial
"the restricted stock units acquired pursuant to this filing have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan"
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.
Nonqualified Plan financial
"have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan (the "Plan") and will be settled in shares of common stock"
non-employee director compensation policy financial
"Represents 678 shares acquired pursuant to the Company's non-employee director compensation policy."
deferred financial
"restricted stock units deferred under the Plan which will settle in shares of common stock"
FAQ
What insider transaction did Simpson Manufacturing (SSD) director Banks Chau report?
Director Banks Chau reported receiving 678 shares of common stock as a restricted stock unit award. The grant was made under Simpson Manufacturing’s non-employee director compensation policy and represents compensation, not an open-market stock purchase or sale.
How are Banks Chau’s restricted stock units in Simpson Manufacturing (SSD) treated?
Banks Chau elected to defer the restricted stock units under Simpson Manufacturing’s Nonqualified Plan. These units, including 2,103 previously deferred, will be settled in shares of common stock on future dates he selected when making his deferral elections.
Does this Simpson Manufacturing (SSD) Form 4 show any stock sales by Banks Chau?
No. The Form 4 only shows a grant of 678 restricted stock units classified as an acquisition. There are no reported open-market sales, dispositions, or derivative exercises in this filing, and the transaction count for sales remains zero.