Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations

A SoundThinking executive, Nasim Golzadeh, sold 739 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Nasim Golzadeh, an executive at SoundThinking, Inc., sold 739 shares of common stock on December 2, 2024.
• The sale was executed to cover tax withholding obligations arising from the vesting of restricted stock units.
• The shares were sold at prices ranging from $12.54 to $12.90, with a weighted average price of $12.6864.
• Following the transaction, Golzadeh directly owns 66,580 shares of SoundThinking common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes and does not indicate any positive or negative sentiment towards the company's performance.

Management Comments

• Nasim Golzadeh is the MD Technogic, EVP Investigative Solutions at SoundThinking.

Industry Context

Executive stock sales are a common occurrence, particularly around vesting events. This transaction is not unusual and is likely a routine part of executive compensation.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a standard practice across publicly traded companies.
• The sale of 739 shares is a relatively small transaction and is not indicative of any significant change in the executive's outlook on the company.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale by an executive to cover tax obligations.

Key Dates

Keywords

SoundThinking, stock sale, executive, Form 4, insider trading, restricted stock units, tax obligations