Simulations Plus: president Jill Fiedler-Kelly sold 169,117 shares

What happened

• Jill Fiedler-Kelly, president, services solutions, disposed of a total of 169,117 shares on Oct 6, 2026. The filing shows 77,817 common shares were disposed at $18.50 per share for $1,439,615. An additional 91,300 shares were disposed as derivatives (options/other equity awards) with no per-share price reported in the Form 4.

Key details

• Transaction date: Oct 6, 2026. Price for common shares: $18.50; value reported: $1,439,615 for 77,817 shares. Derivative dispositions: 91,300 shares listed as N/A for price and value.
• Shares owned after the transaction: not reported in the Form 4 provided.
• Relevant footnotes from the filing:
  • The dispositions were made pursuant to the Agreement and Plan of Merger dated Jun 15, 2026, under which the company became a wholly owned subsidiary of the buyer (merger).
  • Each outstanding share of common stock was converted into the right to receive $18.50 in cash at the effective time of the merger.
  • Outstanding options vested, were canceled and were converted into the right to receive an amount in cash equal to the number of shares subject to the option multiplied by the excess, if any, of $18.50 over the option exercise price; options with an exercise price equal to or greater than $18.50 were canceled without payment.
• Filing timeliness: the Form 4 is dated Oct 6, 2026 (no late filing indicated).

Why it may matter

• The filing shows that some shares were common stock sold at $18.50 and that other shares were derivative awards (options) that were settled for cash under the merger agreement rather than sold in the open market.
• This was a transaction pursuant to the merger agreement, not a standard market trade.
• This filing does not show why the insider traded or why the company acted.