4Filed Sep 10, 8:00 PM ET
Simpson Manufacturing (SSD) CEO Michael Olosky Sells 3,502 Shares
$SSD · Simpson Manufacturing Co., Inc.Research Summary
AI-generated summary of this SEC filing
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.