Form 4: SoundThinking Inc. Director Stock Grant Update
Statement of Changes in Beneficial Ownership
Deborah A. Grant, a Director at SoundThinking Inc., received a grant of 20,361 Restricted Stock Units (RSUs) on June 3, 2026, with vesting conditions tied to time and corporate events.
Summary
- Deborah A. Grant, a Director at SoundThinking Inc. (SSTI), was granted 20,361 Restricted Stock Units (RSUs) on June 3, 2026.
- The RSUs have a transaction value of $0.00.
- These RSUs are scheduled to vest on the earlier of June 3, 2027, or the Company's next annual stockholder meeting.
- Vesting can also be accelerated upon a Change in Control or immediately prior to the participant's resignation or removal in connection with a Change in Control.
- Vesting will cease upon the participant's termination of Continuous Service.
- Following this transaction, Deborah A. Grant beneficially owns 49,001 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard equity grant to a director rather than a significant financial event or strategic shift.
Positives
- Director receives equity award, aligning their interests with shareholders.
- The grant of RSUs indicates continued investment in key personnel.
- Vesting conditions include performance-based triggers (Change in Control, annual meeting) which can incentivize long-term value creation.
Negatives
- The transaction value of $0.00 for the RSUs may suggest a non-cash compensation or a grant under a specific employee/director incentive plan.
- Vesting is contingent on continued service, meaning forfeiture is possible if service is terminated.
Risks
- Vesting is subject to termination of Continuous Service, posing a risk of forfeiture if the director's tenure ends.
- The RSUs are subject to a Change in Control, which could lead to accelerated vesting but also implies potential disruption or acquisition.
- The specific terms of the RSU award, while detailed, are subject to the definitions within the Plan, which are not fully provided in this filing.
Future Outlook
The future outlook for the RSUs is tied to the vesting schedule, which includes a specific date (June 3, 2027) or the company's next annual meeting, and contingent upon a Change in Control or termination of service.
Industry Context
StockSavvy.ai notes that the issuance of Restricted Stock Units (RSUs) to directors is a common practice in the technology sector to align executive compensation with long-term shareholder value and to retain key talent.
Related Party Transactions
- The grant of 20,361 RSUs to Director Deborah A. Grant is a related party transaction, as it involves compensation to a company insider.
Stakeholder Impact
- Shareholders: The RSU grant aligns director compensation with company performance and long-term value creation, potentially benefiting shareholders if the stock price increases.
- Employees: This filing is specific to director compensation and does not directly impact general employees, though it reflects the company's compensation philosophy.
- Management: The grant is part of the overall compensation structure for the board of directors.
Next Steps
- Monitor the vesting of the 20,361 RSUs on June 3, 2027, or at the next annual stockholder meeting.
- Observe any potential Change in Control events that could trigger accelerated vesting.
- Track the director's continued service to ensure vesting is not terminated.
Key Dates
| Date | Description |
|---|---|
| 06/03/2026 | Transaction Date for RSU grant and earliest transaction date. |
| 06/23/2026 | Date of signature for the filing. |
| 06/03/2027 | Earliest potential vesting date for the RSUs, if not vesting at the next annual meeting. |
Keywords
SoundThinking Inc., SSTI, Form 4, SEC Filing, Restricted Stock Units, RSUs, Stock Grant, Director Compensation, Beneficial Ownership, Vesting Schedule, Change in Control
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