Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nasim Golzadeh, an executive at SoundThinking, sold 354 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 28, 2024, Nasim Golzadeh, an executive at SoundThinking, Inc., sold 354 shares of the company's 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 $14.06 to $14.17, with a weighted average price of $14.0838.
- Following the transaction, Golzadeh directly owns 68,989 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 compensation and tax planning. This transaction appears to be a routine sale to cover tax obligations.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of stock sale transaction |
| 08/29/2024 | Date of signature on the Form 4 filing |
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