secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001023459-25-000063
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simulations Plus enters new employment agreements; CEO base salary $547,700, target bonus 75%
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- CEO Shawn O'Connor's amended agreement: base salary $547,700, target cash bonus 75% of base, target stock options 50,000.
- CFO Will Frederick's amended agreement: base $359,100, target cash bonus 35%, target options 20,000.
- New agreements for Erik Guffrey, Josh Fohey, and Viera Lukacova with base salaries $300,600, $283,100, and $318,700 respectively.
- All agreements include 12-month severance (base salary + COBRA) for termination without cause.
- Effective date December 2, 2025; replaces prior agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345925000063/0001023459-25-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345925000063/slp-20251202.htm
  HTML page:      https://secwatch.observer/filing/0001023459-25-000063

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