Form 4: SoundThinking Director Marc Morial Reports Acquisition and Disposal of Common Stock

Director Marc Morial reports acquiring 8,585 shares of SoundThinking common stock as restricted stock units and disposing of 36,762 shares.

Summary

• On June 11, 2024, Marc Morial, a director of SoundThinking, Inc., acquired 8,585 shares of common stock in the form of Restricted Stock Units (RSUs).
• These 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 director's resignation or removal contingent upon a Change in Control.
• The director also disposed of 36,762 shares of common stock on the same date.
• Following these transactions, Morial beneficially owns 36,762 shares of SoundThinking, Inc.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, buy or sell their company's stock. This provides transparency to the market regarding insider transactions.

Stakeholder Impact

• Shareholders are informed about the director's stock transactions, providing insight into insider activity.

Key Dates