Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations

Nasim Golzadeh, a SoundThinking executive, sold shares of common stock to cover tax withholding obligations and brokerage fees related to vesting restricted stock units.

Summary

• On March 11, 2025, Nasim Golzadeh, MD TechnoLogic and EVP Investigative Solutions at SoundThinking, Inc., sold 163 shares of common stock at a weighted average price of $15.3067.
• The shares were sold at prices ranging from $15.30 to $15.51.
• On March 12, 2025, Golzadeh sold 6,652 shares of common stock at a weighted average price of $15.2812.
• These shares were sold at prices ranging from $15.19 to $15.425.
• The sales were made to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
• Following these transactions, Golzadeh directly owns 94,600 shares of SoundThinking common stock.

Sentiment

Score: 6

Explanation: The document is neutral. It simply reports stock sales by an executive to cover tax obligations, which is a routine event.

Industry Context

Executive stock sales are a common occurrence and are often related to compensation and tax planning. The sales themselves are unlikely to have a significant impact on the company's overall performance or stock price, unless they are unusually large or indicative of a broader trend among company insiders.

Comparison to Industry Standards

• Executive compensation practices, including the granting of restricted stock units and subsequent sales to cover taxes, are standard across publicly traded companies.
• Comparing SoundThinking's executive compensation structure and insider trading activity to peers like Axon Enterprise (AXON) or Digital Ally (DGLY) could provide further context, but this document alone doesn't offer enough information for a detailed comparison.

Stakeholder Impact

• The stock sales are unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates