Form 4: SoundThinking Director Deborah Grant Reports Acquisition and Disposal of Common Stock

Director Deborah Grant reports acquisition of 8,585 shares of common stock and disposal of 19,551 shares.

Summary

• On June 11, 2024, Deborah A. Grant, a director of SoundThinking, Inc., reported acquiring 8,585 shares of common stock.
• The acquisition was related to Restricted Stock Units (RSUs) that vest upon the earlier of June 11, 2025, or the company's next annual meeting of stockholders.
• Vesting also occurs upon a Change in Control or immediately prior to the effectiveness of the Participant's resignation or removal (and contingent upon the effectiveness of a Change in Control) if required to resign or is removed from the Board of Directors in connection with the Change in Control.
• The director also disposed of 19,551 shares of common stock.
• Following these transactions, Ms. Grant beneficially owns 19,551 shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director. The sentiment is neutral as it simply reports facts without indicating positive or negative implications for the company's performance.

Future Outlook

The vesting of the RSUs is contingent upon future events, including the company's next annual meeting of stockholders or a Change in Control.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.

Key Dates