[Form 4/A] SoundThinking, Inc. Amended Insider Trading Activity
Ralph A. Clark, who serves as President, CEO and a director of SoundThinking, Inc. (SSTI), reported an amendment to prior insider transactions showing three separate open-market sales of common stock executed on September 2, 3 and 4, 2025. The amended filing reports sales of 6,371, 7,915 and 1,875 shares respectively, for a total of 16,161 shares sold. After those transactions the reporting person’s beneficial ownership is reported as 598,428, 590,513 and 588,638 shares following each sale. Per the amendment, sale prices for the trades ranged roughly from $11.47 to $11.98, with line-item price points of $11.7863, $11.8136 and $11.7951 reported. The amendment states the purpose was to correct originally reported transaction dates so they reflect the final trade-date information.
- Amendment corrected transaction dates, improving disclosure accuracy and compliance
- Full pricing transparency offered via stated price ranges and offer to provide per-lot details on request
- Reporting person retains substantial ownership after sales (reported holdings remain in the high hundreds of thousands of shares)
- Total insider sales of 16,161 shares reduced beneficial ownership to 588,638 shares following the final reported sale
- Sales occurred over multiple days, which may prompt questions about executive liquidity despite the amendment being corrective
Insights
TL;DR Insider sales of 16,161 shares were disclosed and the filer corrected transaction dates; holdings remain substantial.
The amended Form 4 documents routine open-market dispositions by the company’s President and CEO totaling 16,161 shares across three trade dates. Prices reported and ranges provided indicate sales executed around $11.47–$11.98 per share. The filing corrects timing errors from the initial submission, which is an administrative clarification rather than new transactional activity. The reporter still retains a large position (reported holdings ~588,638 shares after the final sale), so while the sale reduces insider stake, it does not indicate full divestiture. For investors, this is material as a notice of insider liquidity but appears procedural and non-extraordinary given the retained ownership size.
TL;DR Amendment improves disclosure accuracy; multiple small-to-moderate open-market sales were correctly re-dated.
The amendment focuses on correcting trade dates to reflect final trade information, which aligns with disclosure best practices and Section 16 reporting obligations. The transaction codes show standard sales, and the explanatory footnotes provide price ranges and offer to supply per-price lot details on request, supporting transparency. From a governance perspective, timely and accurate Form 4 amendments reduce compliance risk, though repeated insider sales can prompt shareholder questions about executive share liquidity and alignment. The filing itself does not show any derivative transactions or shifts in control.