Simpson Manufacturing Co., Inc.·4

Feb 18, 5:27 PM ET

Olosky Michael 4

Research Summary

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Simpson Manufacturing CEO Michael Olosky Receives Award; 1,582 Shares Withheld

What Happened

  • Michael Olosky, President, CEO and a director of Simpson Manufacturing Co., received 17,140 shares as the settlement of performance-based awards and had 1,582 shares withheld to satisfy tax withholding obligations. The withheld shares were disposed at $209.01 each for a withholding value of $330,654. The awarded shares were deferred under the company's nonqualified plan.

Key Details

  • Transaction date: February 17, 2026 (reported Feb 18, 2026).
  • Award/acquisition (Code A): 17,140 shares granted/settled at $0.00 (performance stock units from Jan 2023; performance and vesting period ended Dec 31, 2025; settlement Feb 17, 2026) — footnotes F1 and F2.
  • Tax withholding (Code F): 1,582 shares withheld/disposed at $209.01 each = $330,654 — footnote F3.
  • Shares owned following reported transaction: filing notes 17,210 restricted stock units that have not yet vested and 34,188 shares deferred under the Plan that will settle per the reporting person’s deferral election (footnote F4).
  • Filing: submitted the day after the transaction (not marked as late in the report).

Context

  • The 17,140 shares were performance stock units that vested based on a 2023 grant; these shares were deferred under Simpson’s nonqualified plan and will settle on a future date chosen by Olosky per his deferral election. The 1,582 shares were withheld by the company to satisfy tax obligations on vested restricted stock units — a routine tax-withholding action rather than an open-market sale.