Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations

Nasim Golzadeh, a Managing Director at SoundThinking, sold shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On March 4th and 5th, 2024, Nasim Golzadeh, a Managing Director at SoundThinking, sold shares of the company's common stock.
• The sales were executed to cover tax withholding obligations realized upon the vesting of restricted stock units, as well as related brokerage commission fees.
• On March 4th, 442 shares were sold at a price of $17.4604 per share.
• On March 5th, 376 shares were sold at a price of $16.2784 per share.
• Following these transactions, Golzadeh directly owns 44,832 shares of SoundThinking common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an executive's stock sales to cover tax obligations. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. It's important to consider the context of these sales, such as the executive's overall holdings and the company's performance, to determine if they are indicative of any larger trends.

Stakeholder Impact

• The stock sales are unlikely to have a significant impact on stakeholders, as the number of shares sold is relatively small compared to the total outstanding shares.

Key Dates