Fiedler-Kelly Jill 4
Research Summary
AI-generated summary
Simulations Plus President Jill Fiedler-Kelly Exercises Options & Sells 1,050 Shares
What Happened
- Jill Fiedler-Kelly, President, Services Solutions at Simulations Plus (SLP), exercised 1,050 stock option shares and immediately sold those 1,050 shares. The exercise price was $10.05 per share (total cost $10,553) and the sale price was $16.51 per share (gross proceeds $17,336). The filing shows a net cash gain of about $6,783 (proceeds minus exercise cost).
- The transaction was executed on 2026-06-15 and reported on Form 4 filed 2026-06-16.
Key Details
- Transaction date: 2026-06-15. Exercise (code M) — 1,050 shares at $10.05 (acquired). Sale (code S) — 1,050 shares at $16.51 (disposed). A separate derivative line shows the option conversion/termination at $0.00.
- Proceeds/costs: Sale proceeds $17,336; exercise cost $10,553; approximate net gain $6,783.
- Footnotes: Sale was effected automatically under a Rule 10b5-1 trading plan (F1). Shares sold in a single transaction at $16.51 (F2). Options were fully vested (F3).
- Shares owned after the transaction: not disclosed in this filing.
- Timeliness: Filing appears timely (trade 6/15/2026; Form 4 filed 6/16/2026).
Context
- This was an option exercise followed by an immediate sale (a common “same-day” or cashless exercise pattern), converting options into stock and selling the stock into the market.
- The sale was executed under a pre-established 10b5-1 plan, meaning it was an automatic trade arrangement rather than an ad-hoc decision on the trade date.
- Facts only: this report documents the mechanics and amounts; it does not indicate the insider’s personal view of the company.