Form 4: SoundThinking CFO Alan R. Stewart Reports Acquisition of Common Stock

Alan R. Stewart, CFO of SoundThinking, Inc., reports the acquisition of 24,295 shares of common stock on March 1, 2024, along with adjustments to indirect holdings through 401(k) plans.

Summary

• On March 1, 2024, Alan R. Stewart, the Chief Financial Officer of SoundThinking, Inc. (SSTI), acquired 24,295 shares of common stock.
• These shares were acquired at a price of $0.
• Following the transaction, Stewart directly owns 144,762 shares of SoundThinking, Inc.
• Stewart also has indirect ownership through a 401(k) plan, holding 4,750 shares.
• Jennifer K. Stewart's 401(k) plan holds 3,750 shares.
• The filing indicates that the acquisition of shares is related to an award that vests quarterly, starting with 1/12 of the shares vesting on the first Quarterly Date following the vesting commencement date of March 1, 2024, and continuing quarterly thereafter, contingent upon continuous service.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard filing related to stock transactions by an insider. The acquisition of shares by the CFO could be seen as a slightly positive sign, but it's not a major event.

Positives

• The CFO's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The vesting schedule indicates ongoing equity compensation for the reporting person, contingent on continued service.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the CFO's holdings of SoundThinking stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the CFO's increased stake in the company.

Key Dates