Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nasim Golzadeh, MD Technologic and EVP Investigative Solutions at SoundThinking, Inc., sold 115 shares of common stock on March 7, 2024, to cover tax withholding obligations.
Summary
- On March 7, 2024, Nasim Golzadeh, an executive at SoundThinking, Inc. (SSTI), sold 115 shares of the company's common stock.
- The sale was executed to cover tax withholding obligations related to the vesting of restricted stock units and associated brokerage commission fees.
- The shares were sold at prices ranging from $16.39 to $16.41, with an average price of $16.4098.
- Following the transaction, Golzadeh directly owns 44,717 shares of SoundThinking common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (stock sale for tax purposes) with no apparent positive or negative implications for the company's overall outlook.
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.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of the stock sale transaction. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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