Form 4: SoundThinking Director Ruby Sharma Reports Acquisition and Disposal of Shares

Director Ruby Sharma reports acquiring 8,585 shares of SoundThinking, Inc. and disposing of 20,761 shares.

Summary

• On June 11, 2024, Ruby Sharma, a director of SoundThinking, Inc. (SSTI), reported a transaction involving the company's common stock.
• Sharma acquired 8,585 shares of common stock.
• Sharma also disposed of 20,761 shares of common stock.
• Following these transactions, Sharma directly owns 20,761 shares.
• The acquisition of 8,585 shares represents Restricted Stock Units (RSUs) that will vest upon the earlier of June 11, 2025, or the company's next annual meeting of stockholders.
• Vesting of the RSUs 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 or is removed from his position as a member of the Board of Directors in connection with the Change in Control.
• Vesting terminates upon the Participant's termination of Continuous Service.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The vesting of the RSUs is contingent upon continued service, a change in control, or resignation/removal in connection with a change in control.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects insider activity, but the overall impact is likely minimal given the size of the transaction relative to the company's total outstanding shares.

Key Dates