Banks Chau 4

What Happened

• Banks Chau, a director of Simpson Manufacturing Co., Inc. (SSD), was granted 678 restricted stock units (RSUs) on May 6, 2026. The award was reported on a Form 4 filed May 8, 2026. The reported acquisition price is $0.00 because these shares were granted as director compensation rather than purchased.
• The 678 RSUs were granted under the company’s non-employee director compensation policy and, at the reporting person’s election, have been deferred under Simpson’s Nonqualified Plan to be settled in shares on a future date chosen by the director (per footnotes).

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
• Transaction type/code: Award/Grant (A); 678 shares acquired at $0.00.
• Footnote F1: The RSUs have been deferred and will convert to shares on a future settlement date selected by the reporting person.
• Footnote F2: The grant represents non-employee director compensation.
• Footnote F3: The filing also notes 2,103 RSUs previously deferred under the plan that will settle into shares per the director’s deferral election.
• Shares owned after the reported grant are not explicitly stated in the provided excerpt.

Context

• This was a compensation grant, not an open-market purchase or sale. Such director awards are routine and reflect standard board compensation rather than a direct signal of short-term sentiment.
• Deferred RSUs mean the director chose to delay receipt of the underlying shares; they will convert to common stock on the settlement date specified in the deferral election.