Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nasim Golzadeh, an executive at SoundThinking, Inc., sold 161 shares of common stock on March 11, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 11, 2024, Nasim Golzadeh, MD Technogic, EVP Investigative Solutions at SoundThinking, Inc. sold 161 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 $16.01 to $16.15, with an average price of $16.0977.
- Following the transaction, Golzadeh directly owns 44,556 shares of SoundThinking common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (executive selling shares to cover taxes), so the sentiment is neutral.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. This transaction appears to be a routine sale to cover tax liabilities associated with vested stock units.
Stakeholder Impact
- The sale of a small number of shares by an executive is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock sale transaction. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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