Form 4: SoundThinking Director Levensohn Acquires Shares Through Restricted Stock Units

Director Pascal Levensohn acquired 10,302 shares of SoundThinking, Inc. through Restricted Stock Units (RSUs) on June 11, 2024.

Summary

• On June 11, 2024, Pascal Levensohn, a director of SoundThinking, Inc. (SSTI), acquired 10,302 shares of common stock through Restricted Stock Units (RSUs).
• The RSUs will vest on the earlier of June 11, 2025, or the company's next annual meeting of stockholders.
• Vesting will also occur 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 as a condition of the Change in Control.
• Vesting terminates upon the Participant's termination of Continuous Service.
• Following the transaction, Levensohn directly owns 45,866 shares of SoundThinking, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally viewed as a positive sign, but the filing itself is a routine regulatory requirement.

Positives

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

Future Outlook

The vesting of the RSUs is contingent upon continued service, a change in control, or the company's next annual meeting, suggesting a focus on long-term value creation and stability.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates