4Filed Sep 10, 8:00 PM ET

Simpson Manufacturing (SSD) CEO Michael Olosky Sells 3,502 Shares

$SSD · Simpson Manufacturing Co., Inc.

Research Summary

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Simpson Manufacturing (SSD) CEO Michael Olosky Sells 3,502 Shares

What Happened
Michael Olosky, President, CEO and a director of Simpson Manufacturing Co., Inc. (SSD), sold 3,502 shares in an open-market transaction on September 10, 2026. The weighted-average sale price was $172.84 per share, producing gross proceeds of approximately $605,286. This was a sale (not a purchase or option exercise) and is typically viewed as a liquidity event rather than an explicit signal of company outlook.

Key Details

  • Transaction date: 2026-09-10; Form 4 filed: 2026-09-11 (timely filing).
  • Price: weighted average $172.84; individual sale prices ranged $172.83–$172.91 (per footnote).
  • Shares sold: 3,502; gross proceeds ≈ $605,286.
  • Ownership after transaction: not specified in the provided excerpt.
  • Footnotes: F1 notes the weighted-average price and that the sales occurred at prices within the stated range; F2 clarifies reported holdings include unvested restricted stock units and deferred shares and corrects an earlier 4-share reporting error.
  • No 10b5-1 plan or tax-withholding details are indicated in the provided information.

Context
Insider sales are common for executives to diversify or meet personal liquidity needs; they do not by themselves prove a change in company prospects. For retail investors, purchases are often more informative about insider conviction than routine sales.