Form 4: SoundThinking Director Acquires Shares Through Restricted Stock Units

Pascal Levensohn, a director at SoundThinking, Inc., acquired 1,313 shares of common stock through Restricted Stock Units (RSUs) on May 17, 2024.

Summary

• On May 17, 2024, Pascal Levensohn, a director of SoundThinking, Inc. (SSTI), acquired 1,313 shares of common stock.
• The acquisition was made through Restricted Stock Units (RSUs) at a price of $0.00.
• Following the transaction, Levensohn's direct ownership in SoundThinking, Inc. amounts to 35,564 shares.
• The RSUs vest on June 14, 2024, and will also vest upon a Change in Control or immediately prior to the effectiveness of the Participant's resignation or removal in the event that the Participant is required to resign his position as a member of the Board of Directors as a condition of the Change in Control or is removed from his position as a member of the Board of Directors in connection with a Change in Control.
• Vesting terminates upon the Participant's termination of Continuous Service.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of a director acquiring shares through RSUs, which is neither overtly positive nor negative.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The vesting of the RSUs on June 14, 2024, and under Change in Control scenarios, suggests potential future equity ownership changes for the director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company executives and directors.

Stakeholder Impact

• The acquisition of shares by a director may have a minor positive impact on shareholder sentiment.

Key Dates