Form 4: SoundThinking SVP, Sales, Erin Edwards, Sells Shares to Cover Tax Obligations
SEC Form 4
Erin Edwards, SVP of Sales at SoundThinking, Inc., sold 386 shares of common stock on June 3, 2024, to cover tax withholding obligations.
Summary
- On June 3, 2024, Erin Edwards, the SVP of Sales at SoundThinking, Inc. (SSTI), sold 386 shares of the company's common stock.
- The sale was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The shares were sold at prices ranging from $15.02 to $15.15, with an average price of $15.1522.
- Following the transaction, Edwards directly owns 11,761 shares of SoundThinking common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't indicate a strong positive or negative outlook.
Industry Context
This is a routine Form 4 filing, indicating a company insider selling shares, likely to cover tax obligations. Such transactions are common and don't necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it's a small transaction by an individual officer.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of the stock sale transaction. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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