Veradace Partners LP boosts SoundThinking (SSTI) stake with open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoundThinking, Inc. reported that large shareholder Veradace Partners LP, a more than 10% owner, bought additional shares in open-market transactions. On February 18, Veradace purchased 105,880 shares at $7.14 per share, and on February 19 it bought a further 8,748 shares at $7.07 per share. After these transactions, Veradace owned 2,017,116 shares of SoundThinking common stock directly. These moves increase the stake of a significant institutional holder, reflecting additional capital being put into the company’s shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 114,628 shares ($817,832)
Net Buy
2 txns
Insider
Veradace Partners LP
Role
10% Owner
Bought
114,628 shs ($818K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | SOUNDTHINKING,INC | 8,748 | $7.07 | $62K |
| Purchase | SOUNDTHINKING,INC | 105,880 | $7.14 | $756K |
Holdings After Transaction:
SOUNDTHINKING,INC — 2,017,116 shares (Direct)
Footnotes (1)
FAQ
What insider activity did Veradace Partners LP report for SSTI?
Veradace Partners LP reported open-market purchases of SoundThinking, Inc. (SSTI) shares on February 18 and 19. The firm increased its direct holdings through two transactions at prices just above $7 per share, as disclosed in a Form 4 filing.
What is Veradace Partners LP’s ownership in SSTI after these transactions?
After the reported transactions, Veradace Partners LP directly owned 2,017,116 SoundThinking (SSTI) shares. This total reflects its position following the February 19 purchase and confirms its status as a holder of more than 10% of the company’s stock.
What type of transactions did Veradace Partners LP execute in SSTI stock?
Veradace Partners LP executed open-market purchases of SoundThinking (SSTI) common stock. The Form 4 labels these trades with code “P,” indicating standard purchase transactions rather than option exercises, gifts, or other non-purchase activities.