Form 4: SOUNDTHINKING Executive Sells Shares to Cover Tax Obligations from RSU Vesting

A SOUNDTHINKING, INC. executive, Nasim Golzadeh, sold 1,809 shares of common stock for approximately $15.46 per share to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• Nasim Golzadeh, an officer of SOUNDTHINKING, INC. (SSTI), specifically MD Technogic and EVP Investigative Solutions, reported a sale of common stock.
• On June 2, 2025, Golzadeh disposed of 1,809 shares of SOUNDTHINKING, INC. common stock.
• The shares were sold at an average price of $15.4559 per share, with prices ranging from $15.23 to $15.58.
• The sale was a pre-elected transaction made pursuant to a Rule 10b5-1(c) plan.
• The purpose of the sale was to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
• Following this transaction, Nasim Golzadeh beneficially owns 94,134 shares of SOUNDTHINKING, INC. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale by an insider to cover tax obligations upon RSU vesting. This type of transaction is generally neutral in sentiment as it does not typically indicate a change in management's outlook on the company's prospects or financial health.

Positives

• The transaction was a pre-elected sale under a Rule 10b5-1(c) plan, indicating it was a scheduled, non-discretionary event rather than a discretionary sale based on a change in outlook.
• The sale was explicitly for the purpose of covering tax withholding obligations upon the vesting of restricted stock units, which is a common and routine practice for executive compensation and not typically indicative of a negative view on the company's future.

Negatives

• The transaction resulted in a reduction of the reporting person's direct beneficial ownership by 1,809 shares.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• "The Reporting Person made a prior election to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees."

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies. It does not provide insights into broader industry trends or competitive dynamics.

Related Party Transactions

• The transaction involves an insider (officer) selling company stock, which is a direct related party transaction in the context of beneficial ownership changes. The sale was specifically tied to the vesting of restricted stock units, a form of executive compensation.

Stakeholder Impact

• Shareholders: The sale of a relatively small number of shares by an executive for tax purposes is unlikely to have a significant impact on the company's stock price or long-term shareholder value.
• Employees: The transaction is part of a standard executive compensation structure (RSU vesting) and does not directly impact the broader employee base.

Key Dates

Recommendation

Keywords

SOUNDTHINKING, SSTI, Form 4, insider trading, stock sale, restricted stock units, tax withholding, executive compensation, beneficial ownership