SOUNDTHINKING (SSTI) director Marc Morial receives 18,180 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morial Marc reported acquisition or exercise transactions in this Form 4 filing.
SOUNDTHINKING, INC. director Marc Morial received an equity compensation grant in the form of 18,180 Restricted Stock Units (RSUs) of common stock. These RSUs were granted at no cash cost to him and increase his direct holdings to 63,057 shares after the award.
All 18,180 RSUs will vest on the earlier of June 3, 2027 or the company’s next annual meeting of stockholders, aligning his incentives with long-term performance. The award also provides for accelerated vesting upon certain Change in Control events, subject to conditions, while vesting stops if his continuous service with the company ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morial Marc
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,180 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 63,057 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 18,180 units
Post-transaction holdings: 63,057 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSUs granted
18,180 units
Restricted Stock Units of common stock granted on June 3, 2026
Post-transaction holdings
63,057 shares
Total common stock held directly after RSU award
Grant price
$0.0000 per share
Reported transaction price per share for RSU grant
RSU vesting date
June 3, 2027
All RSUs vest on this date or earlier at next annual meeting
Key Terms
Restricted Stock Units ("RSUs"), Change in Control, 2017 Equity Incentive Plan, Continuous Service
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs"). All of the RSUs subject to this award will vest upon the earlier of June 3, 2027..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Change in Control financial
"In addition, all such RSUs will vest upon a Change in Control (as defined in the Issuer's 2017 Equity Incentive Plan...)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
2017 Equity Incentive Plan financial
"Change in Control (as defined in the Issuer's 2017 Equity Incentive Plan (the "Plan"))..."
Continuous Service financial
"Notwithstanding the foregoing, vesting shall terminate upon the Reporting Person's termination of Continuous Service, as defined in the Plan."
FAQ
What insider transaction did SOUNDTHINKING (SSTI) director Marc Morial report?
Marc Morial reported receiving a grant of 18,180 Restricted Stock Units (RSUs) of SOUNDTHINKING common stock. These RSUs are a stock-based compensation award, granted at no cash cost, that will convert into shares if vesting conditions are satisfied.
When do Marc Morial’s new SOUNDTHINKING (SSTI) RSUs vest?
All 18,180 RSUs will vest on the earlier of June 3, 2027 or SOUNDTHINKING’s next annual meeting of stockholders. Vesting can also accelerate upon a qualifying Change in Control, but will stop if Morial’s continuous service, as defined in the company plan, ends.
What is the nature of the RSU award reported for SOUNDTHINKING (SSTI)?
The filing describes the 18,180 units as Restricted Stock Units (RSUs) granted under SOUNDTHINKING’s 2017 Equity Incentive Plan. RSUs are promises to deliver shares in the future, subject to vesting conditions tied to continued service and certain corporate events.
How does a Change in Control affect Marc Morial’s SOUNDTHINKING (SSTI) RSUs?
The RSUs fully vest upon a Change in Control, or immediately before his resignation or removal that occurs as a condition of such a transaction. These acceleration rights are contingent on the Change in Control as defined in SOUNDTHINKING’s 2017 Equity Incentive Plan.