Simulations Plus, Inc. 8-K

What Happened
Simulations Plus, Inc. (SLP) filed an 8-K (Item 5.07) disclosing that its shareholders approved a board-proposed amendment to the company’s 2021 Equity Incentive Plan. The amendment increases the number of shares authorized for issuance under the 2021 Plan from 2,500,000 to 3,450,000 shares. The Board approved the amendment on December 23, 2025, and the amendment became effective February 12, 2026 following shareholder approval. The filing was made on February 18, 2026 and includes the Third Amendment to the 2021 Equity Incentive Plan as an exhibit.

Key Details

• Authorized shares under the 2021 Equity Incentive Plan increased by 950,000 shares (from 2,500,000 to 3,450,000).
• Board approval: December 23, 2025; Effective date after shareholder approval: February 12, 2026.
• Disclosure filed on Form 8-K on February 18, 2026; Third Amendment attached as Exhibit 10.1.
• Proxy details relating to the amendment were previously filed on Schedule 14A on December 29, 2025.

Why It Matters
This change expands the pool of shares available for employee, director and consultant equity awards (stock options, restricted stock, etc.), which the company can use for hiring, retention and incentive purposes. That increased authorization does not by itself issue shares, but future grants from the larger pool can dilute existing shareholders if and when awarded and exercised. Investors should watch subsequent filings (e.g., grant notices, proxy disclosures) for actual grant activity and potential dilution.