Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nasim Golzadeh, an executive at SoundThinking, Inc., sold 161 shares of common stock on June 10, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On June 10, 2024, Nasim Golzadeh, EVP at SoundThinking, Inc., sold 161 shares of common stock at a price of $14.56 per share.
- The sale was executed to cover tax withholding obligations and brokerage commission fees associated with the vesting of restricted stock units.
- Following the transaction, Golzadeh directly owns 69,764 shares of SoundThinking common stock.
- This total includes shares purchased under the company's Employee Stock Purchase Plan (ESPP) on May 16, 2024 (1,052 shares) and May 16, 2023 (729 shares).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive stock sale for tax purposes. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Industry Context
Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The sale itself is small and unlikely to have a significant impact on the overall market for SoundThinking shares.
Key Dates
| Date | Description |
|---|---|
| May 16, 2023 | Reporting person purchased 729 shares under the Issuer's Employee Stock Purchase Plan |
| May 16, 2024 | Reporting person purchased 1,052 shares under the Issuer's Employee Stock Purchase Plan |
| June 10, 2024 | Date of the transaction: Sale of 161 shares of common stock. |
| June 12, 2024 | Date of signature on the Form 4 filing. |
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