Simulations Plus: EVP/CFO Frederick William W sold 109,600 shares

What happened

• The filing reports that Frederick William W, EVP/CFO, disposed of 109,600 shares on Oct 6, 2026. The Form 4 shows 2,100 shares were sold to the issuer at $18.50 per share for $38,850; the remaining 107,500 shares are reported as derivative dispositions with no per-share price.

Key details

• Transaction date and prices: Oct 6, 2026 — 2,100 shares at $18.50 ($38,850); 32,500, 20,000, 20,000, 25,000 and 10,000 share dispositions reported as derivatives (price listed as N/A).
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • The dispositions occurred pursuant to the Agreement and Plan of Merger dated Jun 15, 2026.
  • Each outstanding share of common stock was converted into the right to receive $18.50 per share in cash at the effective time of the merger.
  • Outstanding options vested and were canceled and converted into a cash payment equal to their intrinsic value (excess of merger consideration over exercise price); options with exercise price greater than or equal to $18.50 were canceled for no consideration.
• Filing timeliness: Form 4 filed on Oct 6, 2026; transaction date Oct 6, 2026; no late filing indicated in the document.

Why it may matter

• The derivative dispositions reflect option cancellations/conversions under the merger agreement rather than open-market option exercises.
• A filing does not show why the insider traded or why the company acted.