Form 4: SoundThinking Director Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Pascal Levensohn acquired 1,078 shares of SoundThinking, Inc. through Restricted Stock Units (RSUs) on March 1, 2024.
Summary
- On March 1, 2024, Pascal Levensohn, a director of SoundThinking, Inc. (SSTI), acquired 1,078 shares of common stock through Restricted Stock Units (RSUs).
- The RSUs were acquired at a price of $0.00.
- Following the transaction, Levensohn directly owns 34,251 shares of SoundThinking, Inc.
- The RSUs vest on March 15, 2024, and will also vest upon a Change in Control or immediately prior to the effectiveness of the Participant's resignation or removal in connection with a Change in Control.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed positively, but it's a routine event.
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 RSUs on March 15, 2024, and the accelerated vesting upon a Change in Control event are key future events related to these securities.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Pascal Levensohn acquired 1,078 shares of SoundThinking, Inc. through Restricted Stock Units. |
| 03/05/2024 | Date of report: Form 4 filing date. |
| 03/15/2024 | Vesting date for the Restricted Stock Units. |
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