Evans Sharlene 4

What Happened

• Sharlene Evans, a director of Simulations Plus, Inc. (SLP), was granted 2,117 shares on 2026-05-01 as director compensation. The shares were issued at $0.00 per share (no cash paid) under the issuer's equity plan; total cash consideration reported = $0. This is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date and price: 2026-05-01; Awarded 2,117 shares at $0.00 per share.
• Shares owned after transaction: Not reported in the provided filing.
• Footnote: Stock granted as independent director compensation, issued under the issuer's 2021 Equity Incentive Plan (per footnote F1).
• Filing timeliness: Reported on 2026-05-01 for the 2026-05-01 transaction — appears to be timely filed.

Context

• This was an award/grant for director compensation, a routine corporate practice and not an open-market purchase or sale. Such awards often reflect standard board compensation and may be subject to vesting or other plan terms (not detailed in this filing). Compensation grants do not by themselves indicate the director is buying or selling shares in the market.