{"url_path":"/sec/slp/8-k/2026-02-18/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-02-18","source_url":"https://www.sec.gov/Archives/edgar/data/1023459/0001023459-26-000010-index.html","accession_number":"0001023459-26-000010","cik":"0001023459","ticker":"SLP","issuer_name":"Simulations Plus, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1023459/0001023459-26-000010-index.html","primary_entity_key":"0001023459","primary_entity_name":"Simulations Plus, Inc."},"word_count":227,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nAs described in Item 5.07 below, on February 12, 2026, at the 2026 Annual Meeting of Shareholders (the “Annual Meeting”) of Simulations Plus, Inc. (the “Company”), the Company’s shareholders approved an amendment (the “Plan Amendment”) to the Company’s 2021 Equity Incentive Plan, as amended (the “2021 Plan”), to increase the number of shares of common stock authorized for issuance thereunder from 2,500,000 shares to 3,450,000 shares. The Plan Amendment was previously approved by the Board of Directors (the “Board”) of the Company, subject to shareholder approval, on December 23, 2025. The Plan Amendment became effective on February 12, 2026 following receipt of shareholder approval.\n\nAdditional information regarding the Plan Amendment is set forth in the Company’s Definitive Proxy Statement on Schedule 14A (the “Proxy Statement”) filed by the Company with the Securities and Exchange Commission (the “Commission”) on December 29, 2025, which information is incorporated herein by reference. Such information and the foregoing description of the Plan Amendment do not purport to be complete and are qualified in their entirety by reference to the full text of the Third Amendment to 2021 Equity Incentive Plan, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference."}