Form 4: SoundThinking Director Acquires Shares Through Restricted Stock Units

Director Pascal Levensohn acquired 1,552 shares of SoundThinking, Inc. through restricted stock units.

Summary

• Pascal Levensohn, a director of SoundThinking, Inc., acquired 1,552 shares of common stock on November 18, 2024.
• The acquisition was through restricted stock units (RSUs) at a price of $12.08 per share.
• These RSUs are scheduled to vest on December 13, 2024.
• The RSUs will also vest upon a change in control of the company or if the director is required to resign or is removed from the board in connection with a change in control.
• Vesting will terminate if the director's continuous service ends.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director acquiring shares, which is generally a positive sign of confidence. However, it is not a major event that would significantly impact the company's outlook.

Positives

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

Risks

• The vesting of the RSUs is contingent on the director's continued service, which could be a risk if the director leaves the company before the vesting date.

Future Outlook

The vesting of the RSUs is contingent on the director's continued service and a potential change in control of the company.

Industry Context

This is a standard SEC Form 4 filing, which is common for company insiders who acquire or dispose of shares. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• The acquisition of shares through RSUs is a common practice for compensating directors and aligning their interests with those of shareholders.
• The vesting schedule and change in control provisions are typical in such agreements.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

SoundThinking, Director, Pascal Levensohn, Restricted Stock Units, RSUs, Share Acquisition, Vesting, Change in Control