Roger Dankel - Nov 15, 2023 Form 4 Insider Report for Simpson Manufacturing Co., Inc. (SSD)

Signature
Cari Fisher, Attorney-in-Fact
Stock symbol
SSD
Transactions as of
Nov 15, 2023
Transactions value $
-$426,600
Form type
4
Date filed
11/17/2023, 04:17 PM
Previous filing
Sep 14, 2023
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSD Common Stock Sale -$427K -2.7K -8.56% $158.00 28.8K Nov 15, 2023 Direct F1, F2
holding SSD Common Stock 2.11K Nov 15, 2023 By Trust (PSP) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 Includes Restricted Stock Units that have not yet vested.
F3 The shares are owned by the Simpson Manufacturing Co., Inc. Profit Sharing Plan for Salaried Employees (the "Plan") of which the reporting person is a participant. The Plan is qualified under sections 401(a)(26) and 410 of the Internal Revenue Code.