SoundThinking (SSTI) Form 4: CEO Disposes 16,161 Shares, Retains 588,638
Rhea-AI Filing Summary
Ralph A. Clark, President, CEO and a director of SoundThinking, Inc. (SSTI), reported a sale of common stock on 09/02/2025. The Form 4 shows 16,161 shares were sold at prices ranging from $11.47 to $11.98, reducing his direct beneficial ownership to 588,638 shares. The filing is signed by Mr. Clark on 09/04/2025 and notes he will provide on request the number of shares sold at each separate price. No derivative transactions or other changes in ownership form are reported.
Positive
- Transparent disclosure of sale date, price range and post-transaction ownership
- Reporting person holds a significant residual stake of 588,638 shares after the sale
Negative
- Insider sale of 16,161 shares could be viewed negatively by some investors, though size is modest
- No statement in the filing that the sale was made under a Rule 10b5-1 plan or other predetermined arrangement
Insights
TL;DR Insider sale of 16,161 shares by CEO reduces his stake to 588,638 shares; sale prices ranged $11.47–$11.98.
The transaction is a routine disclosure of a direct sale by a senior executive. The reported sale size is small relative to the remaining holding; the filing does not state any planned ongoing sales or a Rule 10b5-1 plan. No derivative activity or additional material events are disclosed, so the market impact is likely limited absent other information.
TL;DR CEO and director disclosed a small open-market sale; reporting appears compliant and includes price range detail.
The Form 4 lists the reporter's roles and provides the required sale details including price range and post-transaction ownership. The filer offers to provide per-price allocations on request, which supports transparency. The filing does not include indications of insider plans or related-party transactions.