Fiedler-Kelly Jill 4
Research Summary
AI-generated summary
SLP President Jill Fiedler-Kelly Exercises Options, Sells Shares
What Happened
- Jill Fiedler-Kelly, President, Services Solutions at Simulations Plus (SLP), exercised stock derivative(s) and sold shares on May 11, 2026. The filing shows an exercise of 1,000 shares at $10.05 each (cost $10,050) and an open‑market sale of 1,000 shares at $16.53 each for proceeds of $16,530. A separate line reports 1,000 shares disposed at $0.00 (derivative). The sale was effected under a Rule 10b5-1 plan.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (filed within the typical 2-business-day window).
- Exercise: 1,000 shares at $10.05 (total cash outlay reported $10,050).
- Sale: 1,000 shares at $16.53 for $16,530 (sold in a single transaction).
- Additional line: 1,000 shares reported disposed at $0.00 (derivative); filing notes shares were fully vested.
- Footnotes: F1 = sale under a Rule 10b5-1 plan; F2 = single sale transaction at $16.53; F3 = fully vested.
- Shares owned after the transactions: not included in the provided excerpt of the filing.
Context
- The filing shows an option exercise (derivative code M) and same‑day sale of shares, which is commonly a cashless exercise or immediate sell-to-cover of exercised shares. This pattern is routine for executives converting options into stock and monetizing some or all of the proceeds; it is not, by itself, a directional endorsement of the company.