Director Ruby Sharma receives 18,180 RSUs at SOUNDTHINKING (SSTI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sharma Ruby reported acquisition or exercise transactions in this Form 4 filing.
SOUNDTHINKING, INC. director Ruby Sharma received a grant of 18,180 shares of Common Stock in the form of Restricted Stock Units. These RSUs vest on the earlier of June 3, 2027 or the company’s next annual stockholder meeting, so long as continuous service is maintained.
The RSUs will also fully vest upon certain Change in Control events if Sharma is required to resign or is removed from the board in connection with that transaction. Following this award, Sharma directly holds 47,056 shares, reflecting a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sharma Ruby
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,180 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 47,056 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 18,180 shares
Award price per share: $0.00 per share
Holdings after grant: 47,056 shares
+1 more
4 metrics
RSU grant size
18,180 shares
Restricted Stock Units awarded to director Ruby Sharma
Award price per share
$0.00 per share
Equity compensation grant, no cash paid by insider
Holdings after grant
47,056 shares
Total Common Stock directly held after the transaction
Standard vest date
June 3, 2027
Latest vesting date, or earlier at next annual meeting
Key Terms
Restricted Stock Units, RSUs, Change in Control, Continuous Service
4 terms
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs"). All of the RSUs subject to this Award will vest..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents Restricted Stock Units ("RSUs"). All of the RSUs subject to this Award will vest..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Change in Control financial
"In addition, all such RSUs will vest upon a Change in Control (as defined in the 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.
Continuous Service financial
"Notwithstanding the foregoing, vesting shall terminate upon the Participant's termination of Continuous Service."
FAQ
What did Ruby Sharma acquire in the latest SOUNDTHINKING (SSTI) Form 4?
Ruby Sharma received 18,180 shares of SOUNDTHINKING Common Stock as Restricted Stock Units. This is a compensation-related grant at no cash cost, increasing her direct holdings to 47,056 shares as reported in the filing.
When do Ruby Sharma’s new SOUNDTHINKING (SSTI) RSUs vest?
All 18,180 RSUs vest on the earlier of June 3, 2027 or SOUNDTHINKING’s next annual stockholder meeting. Vesting requires continued service on the board, and will terminate if her continuous service ends beforehand.
How does a Change in Control affect Ruby Sharma’s RSUs at SOUNDTHINKING (SSTI)?
All RSUs will vest upon a Change in Control if Sharma must resign or is removed from the board as a condition of that transaction. Vesting accelerates immediately before the effective time of the qualifying Change in Control event.
What is Ruby Sharma’s SOUNDTHINKING (SSTI) ownership after the RSU grant?
After the RSU grant, Sharma directly holds 47,056 shares of SOUNDTHINKING Common Stock. This total includes the 18,180 Restricted Stock Units awarded in the reported transaction, as shown in the post-transaction holdings figure.