Andersen Michael 4

What Happened

• Michael Andersen, Executive Vice President, Europe at Simpson Manufacturing Co., Inc. (SSD), was credited with 3,624 shares on February 17, 2026 as an award/settlement (transaction code A). The shares were reported at $0.00 per share on the Form 4 because they were issued as the settlement of previously granted performance stock units rather than an open‑market purchase. No cash value is listed on the filing.

Key Details

• Transaction date: 2026-02-17; Report filed: 2026-02-18 (timely filing).
• Amount: 3,624 shares acquired; reported price: $0.00 (award/settlement).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes:
  • F1: These were performance stock units granted in January 2023; the performance and vesting periods ended December 31, 2025, and the settlement occurred on February 17, 2026.
  • F2: The filing notes inclusion of 1,913 restricted stock units that have not yet vested.
• No indication of a 10b5-1 plan, tax‑withholding sale, or cashless exercise in the disclosed transaction.

Context

• This was the settlement of long‑term incentive awards (performance stock units), a form of compensation — not a market purchase or sale. Such settlements reflect prior grant terms and company performance/vesting outcomes rather than a manager initiating a new buy or sell. As always, awards alone do not directly signal the insider's trading intent.