Simulations Plus: director John Paglia sold 25,589 shares

What happened

• John Paglia, a director, disposed of a total of 25,589 shares on Oct 6, 2026. The filing shows 14,589 Company common shares sold at $18.50 per share for $269,897, and disposals of 6,000 and 5,000 derivative shares (values shown as N/A).

Key details

• Transaction date(s) and price(s): Oct 6, 2026 — 14,589 shares at $18.50; 6,000 derivative shares at N/A; 5,000 derivative shares at N/A.
• Shares owned after the transaction: Not disclosed in the filing.
• Relevant footnotes: Dispositions occurred 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 cash equal to the in-the-money amount; options with exercise price equal to or above $18.50 were canceled without payment.
• Filing date: Oct 6, 2026 (no late-file indicator noted in the provided details).

Why it may matter

• The derivative disposals reflect option cancellations and cash conversion under the merger agreement rather than separate open-market option exercises or gifts.
• The filing does not show why the insider traded or why the company acted.