Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nasim Golzadeh, an executive at SoundThinking, Inc., sold 419 shares of common stock on May 20, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 20, 2024, Nasim Golzadeh, an executive at SoundThinking, Inc., sold 419 shares of common stock.
- The sale was executed at a price of $14.49 per share.
- The transaction was intended to cover tax withholding obligations realized upon the vesting of restricted stock units and related brokerage commission fees.
- Following the transaction, Golzadeh directly owns 69,526 shares of SoundThinking common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive stock sale for tax purposes. It doesn't convey any particularly positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The sale itself is unlikely to have a significant impact on the company's overall performance or stock price, but it provides insight into executive compensation and financial planning.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of stock sale transaction |
| 05/21/2024 | Date of signature on the Form 4 filing |
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