Daniel L. Weiner - 28 Jun 2024 Form 4 Insider Report for Simulations Plus, Inc. (SLP)

Role
Director
Signature
/s/ Daniel Hoeft, attorney-in-fact for Daniel L. Weiner
Issuer symbol
SLP
Transactions as of
28 Jun 2024
Net transactions value
-$36,990
Form type
4
Filing time
01 Jul 2024, 16:24:16 UTC
Previous filing
15 May 2024
Next filing
02 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLP Common Stock Sale $36,990 -750 -9.7% $49.32 7,009 28 Jun 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting person.
F2 These shares were sold in a single transaction at $49.32.