---
schema_version: "secwatch.filing_event.v1"
accession: "0001023459-23-000128"
form_type: "8-K"
ticker: "SLP"
cik: "0001023459"
company_name: "Simulations Plus, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T01:49:16.306228+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Simulations Plus enters amended employment agreements with five top executives

## Summary
- CEO Shawn O'Connor: base salary $514,800, target cash bonus 75% of base (up to $75K discretionary plus 7,500 extra options).
- CFO Will Frederick: base salary $337,500, target cash bonus 35% of base, target 20,000 stock options.
- Presidents Howell, DiBella, Fiedler-Kelly: base salaries $274.6K/$337.5K/$314.6K; target cash bonus 25% of base, target 15,000 options each.
- Severance for all: 12 months base salary (or greater of 12 months/remainder for presidents) plus COBRA for termination without cause.
- Agreements effective Nov 1, 2023 (CEO retro to Sept 1, 2023); replace prior agreements.

## SEC filing metadata
- accession: 0001023459-23-000128
- form_type: 8-K
- ticker: SLP
- cik: 0001023459
- company_name: Simulations Plus, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023459/000102345923000128/0001023459-23-000128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023459/000102345923000128/slp-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023459-23-000128
- JSON: https://secwatch.observer/filing/0001023459-23-000128.json
- Plain text: https://secwatch.observer/filing/0001023459-23-000128.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
