Form 4: SoundThinking Executive Sells Shares to Cover Tax Obligations After Stock Vesting

Nasim Golzadeh, a SoundThinking executive, sold 1,477 shares of common stock on March 3, 2025, to cover tax obligations related to the vesting of restricted stock units.

Summary

• On February 28, 2025, Nasim Golzadeh, MD TechnoLogic and EVP Investigative Solutions at SoundThinking, Inc., acquired 36,312 shares of common stock.
• These shares were acquired through vesting of restricted stock units.
• On March 3, 2025, Golzadeh sold 1,477 shares of common stock at a weighted average price of $16.1 per share.
• The sale was to cover tax withholding obligations and brokerage commission fees related to the vesting.
• Following the transaction, Golzadeh directly owns 101,415 shares of SoundThinking common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (stock sale for tax obligations) and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment towards the company's prospects.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations upon vesting are a common practice across publicly traded companies.
• Comparing Golzadeh's transactions to similar filings from executives at comparable technology companies would provide a benchmark for assessing the magnitude and frequency of such sales.

Stakeholder Impact

• The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to significantly affect long-term shareholder value.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates