SoundThinking (SSTI) Files Form 144 for 16,161 Shares from RSU Vesting
Rhea-AI Filing Summary
Form 144 filed for SoundThinking, Inc. (SSTI) reports a proposed sale of 16,161 shares of common stock on NASDAQ with an aggregate market value of $190,711. The shares were acquired and are being sold on 09/02/2025 as Restricted Stock Units vesting from SoundThinking Inc., and the payment type is listed as compensation. The filing indicates no securities sold in the past three months by the selling person and includes the seller's standard representation that they know of no undisclosed material adverse information about the issuer.
Positive
- Transaction clearly disclosed: class, broker, share count, aggregate market value, and sale date are provided
- Securities were acquired via RSU vesting: acquisition and nature (compensation) are explicitly stated
- No prior sales reported: the filing indicates nothing to report for securities sold in the past three months
Negative
- Missing filer identification: CIK/CCC and named selling person details are not present in the provided excerpt, reducing transparency
- Limited context for materiality: issuer size and seller's ownership stake are not disclosed here, so impact cannot be assessed
Insights
TL;DR: Routine insider sale of vested RSUs totaling 16,161 shares ($190,711) disclosed via Form 144; appears procedural rather than material.
The filing documents a proposed sale under Rule 144 of 16,161 common shares acquired through RSU vesting and to be sold on 09/02/2025 via Citigroup Global Markets on NASDAQ for an aggregate market value of $190,711. The disclosure that there were no sales in the prior three months and that the consideration is listed as compensation is consistent with a typical post-vesting transfer by an insider or affiliated person. The submission lacks identifying filer CIK/CCC/contact details in the provided excerpt, which limits assessment of the seller's status (e.g., officer, director, large shareholder). On its face, the transaction is routine and unlikely to be material to investors absent additional context about ownership concentration or issuer size.
TL;DR: Disclosure meets Rule 144 mechanics but missing filer identity reduces transparency.
The form specifies the security class, broker (Citigroup Global Markets), number of shares, market value, acquisition as RSU vesting, and sale timing, satisfying the basic Rule 144 notice elements shown. However, the provided content omits identifiable filer information (CIK/CCC and named selling person) in the excerpt, which is important for governance transparency and for investors to contextualize the sale relative to insider status. The seller's attestation about no undisclosed material adverse information is included, consistent with the form's certification requirement.