Simpson Manufacturing (SSD) EVP Jeremy Gilstrap Receives RSU Award

What Happened

Jeremy Gilstrap, Executive Vice President, Innovation at Simpson Manufacturing Co., Inc. (SSD), received a grant of 1,075 restricted stock units (RSUs) on 2026-01-27. The grant was recorded as an acquisition at $0.00 per share (no cash paid at grant). The RSUs are compensation awards that convert to common stock only if and when they vest.

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-29.
• Grant: 1,075 RSUs; reported acquisition price $0.00; aggregate cash value at grant reported as $0.
• Vesting: Per the award terms (Footnote F1), the RSUs vest in three equal annual installments beginning February 2027.
• Holdings note: Footnote F2 states that 2,994 restricted stock units have not yet vested (as referenced in the filing). The filing excerpt does not show a full post-transaction count of beneficially owned common shares.
• Plan participation: Footnote F3 indicates some shares are held in the Simpson Manufacturing Profit Sharing Plan for Salaried Employees, of which the reporting person is a participant.
• Timeliness: The Form 4 was filed two days after the transaction date; no late-filing flag was indicated in the provided data.

Context

• RSUs are a form of compensation, not an open-market purchase or sale. They do not provide immediate tradable shares — shares are only delivered upon vesting (or settled per plan terms).
• Such awards are common for executives and are intended to retain personnel; they should not be interpreted as a direct buy/sell signal. Purchases or sales of existing shares typically convey clearer insider sentiment.