Simpson Manufacturing (SSD) EVP Nozomi Bullock Receives RSU Award
$SSD · Simpson Manufacturing Co., Inc.Research Summary
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Simpson Manufacturing (SSD) EVP Nozomi Bullock Receives RSU Award
What Happened Nozomi Bullock, Executive Vice President of Human Resources at Simpson Manufacturing Co., Inc. (SSD), received a grant of 773 restricted stock units (RSUs) on January 27, 2026. The Form 4 records the transaction as an award (code A) of 773 shares at $0.00 per share (total $0 listed on the filing). These RSUs are not immediately vested and do not represent current trading of shares.
Key Details
- Transaction date: 2026-01-27; Form 4 filed: 2026-01-29 (filed timely within the required reporting window).
- Transaction type/code: Award/Grant (A).
- Amount granted: 773 RSUs; Price reported: $0.00 per unit on the Form 4.
- Vesting: Footnote indicates RSUs vest in three equal annual installments beginning February 2027 (see footnote F1).
- Shares owned after transaction: total beneficial ownership not specified in the provided excerpt; footnote F2 confirms the 773 RSUs are unvested.
- No indication of a 10b5-1 plan, sale, tax withholding, or immediate sale in this filing.
Context RSUs are a promise to deliver shares in the future upon vesting; they are not the same as an open-market purchase and don't immediately add tradable shares to the market. Grants recorded at $0 on Form 4 reflect the award reporting format, not market value — the economic value will depend on SSD’s share price when/if the RSUs vest. Awards like this are common as compensation and should be interpreted as part of executive pay rather than a direct market buy or sell signal.