Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nasim Golzadeh, an executive at SoundThinking, Inc., sold 341 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 28, 2024, Nasim Golzadeh, EVP Investigative Solutions at SoundThinking, Inc. (SSTI), sold 341 shares of common stock.
- The sale was executed to cover tax withholding obligations realized upon the vesting of restricted stock units and related brokerage commission fees.
- The shares were sold at prices ranging from $16.31 to $16.33, with a weighted average price of $16.3295.
- Following the transaction, Golzadeh directly owns 69,185 shares of SoundThinking common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax obligations, or personal financial planning. This transaction appears to be related to tax obligations from vested restricted stock units, which is a routine event.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of the stock sale transaction. |
| 05/30/2024 | Date of signature on the Form 4 filing. |
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