secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001023459-22-000072
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Simulations Plus sets FY2023 director pay at $165K; appoints lead independent director
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- Non-executive directors receive $165K annually ($120K stock grants, $45K cash stipend).
- Additional cash stipend of $7,500 per committee member; chairs get $35K (Board) to $10K (Nominating).
- Daniel Weiner appointed lead independent director; committee rosters revised.
- Audit, Compensation, and Nominating & Governance committees each have four members.
- Changes effective September 1, 2022; approved by Board on October 20, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345922000072/0001023459-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345922000072/slp-20221020.htm
  HTML page:      https://secwatch.observer/filing/0001023459-22-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer