Form 4: SoundThinking CFO Alan R. Stewart Reports Stock Acquisitions
SEC Filing
Alan R. Stewart, CFO of SoundThinking Inc., reports the acquisition of common stock through various transactions.
Summary
- Alan R. Stewart, the Chief Financial Officer of SoundThinking Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 17, 2024, Stewart acquired 1,032 shares of common stock at $14.183 per share and 3,276 shares at $14.2999 per share.
- On May 20, 2024, he acquired an additional 3,000 shares at $14.46 per share.
- Following these transactions, Stewart directly owns 152,070 shares of common stock.
- Additionally, he indirectly owns 4,750 shares through his 401(k) plan and 3,750 shares through Jennifer K. Stewart's 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CFO purchasing shares is generally a good sign, but it's a routine filing and doesn't provide significant new information about the company's performance.
Positives
- The CFO's acquisition of shares could be interpreted positively by investors, signaling confidence in the company's future.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. These filings are closely monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may view the CFO's stock purchases as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Acquisition of 1,032 shares at $14.183 and 3,276 shares at $14.2999. |
| 05/20/2024 | Acquisition of 3,000 shares at $14.46. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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