SoundThinking (SSTI) CEO receives 239,880-share RSU equity award in Form 4
Rhea-AI Filing Summary
Clark Ralph A. reported acquisition or exercise transactions in this Form 4 filing.
SOUNDTHINKING, INC. President and CEO Ralph A. Clark received an equity award of 239,880 shares of Common Stock in the form of restricted stock units (RSUs). The award was granted at no cash cost to him as part of his compensation.
Each RSU represents the right to receive one share of Common Stock upon settlement. Vesting begins from a commencement date of May 31, 2026, with 1/12 of the RSUs vesting on the first Quarterly Date after that and 1/12 on each subsequent Quarterly Date (February 28, May 31, August 31, November 30), subject to his continued service under the company’s 2017 Equity Incentive Plan. Following this grant, Clark directly holds 828,518 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 239,880 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock upon settlement. 1/12 of the shares subject to the award vest on the first Quarterly Date (as defined below) that occurs following the vesting commencement date (May 31, 2026), and 1/12 of the total number of shares subject to the award vest on each Quarterly Date thereafter, subject to the recipient's Continuous Service (as defined in the Issuer's 2017 Equity Incentive Plan, as amended) through each applicable Quarterly Date. "Quarterly Date" means each of February 28, May 31, August 31, and November 30, of a given calendar year.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Continuous Service financial
2017 Equity Incentive Plan financial
Quarterly Date financial
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