Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nasim Golzadeh, an executive at SoundThinking, sold 771 shares of common stock on June 3, 2024, to cover tax withholding obligations.
Summary
- On June 3, 2024, Nasim Golzadeh, an executive at SoundThinking, sold 771 shares of the company's common stock.
- The sale was executed to cover tax withholding obligations related to the vesting of restricted stock units and associated brokerage commission fees.
- The shares were sold at prices ranging from $15.02 to $15.13, with an average price of $15.0641.
- Following the transaction, Golzadeh directly owns 68,144 shares of SoundThinking common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. This transaction appears to be a routine sale to cover tax liabilities associated with vested stock units.
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 |
|---|---|
| 06/03/2024 | Date of the stock sale transaction. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.