Simulations Plus: director Daniel L Weiner sold 23,547 shares

What happened

• Daniel L Weiner, a director, disposed of a total of 23,547 shares on Oct 6, 2026. The filing reports 16,547 shares sold at $18.50 per share for $306,120 and two derivative dispositions of 2,000 and 5,000 shares (values shown as N/A).

Key details

• Transaction date and prices: Oct 6, 2026 — 16,547 shares at $18.50 ($306,120); Oct 6, 2026 — 2,000 derivative shares (value N/A); Oct 6, 2026 — 5,000 derivative shares (value N/A).
• Shares owned after the transaction: not reported in this Form 4.
• Relevant footnotes: dispositions were made pursuant to the Agreement and Plan of Merger dated Jun 15, 2026; each outstanding share was converted into the right to receive $18.50 in cash; outstanding options were vested, canceled and converted into the right to receive cash equal to the number of option shares times the excess of the $18.50 merger consideration over the option exercise price; options with exercise prices equal to or above $18.50 were canceled without payment.
• Filing date: Oct 6, 2026 (no late filing indicated in the information provided).

Why it may matter

• The derivative dispositions reflect option treatment under the merger agreement (options canceled or converted to cash), not a typical market sale or gift.
• This filing does not show why the insider traded or why the company acted.