SOUNDTHINKING (SSTI) SVP of Sales receives 56,222 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arthur Kirk reported acquisition or exercise transactions in this Form 4 filing.
SOUNDTHINKING, INC. reported that SVP of Sales Arthur Kirk received a grant of 56,222 shares of Common Stock in the form of restricted stock units. These RSUs were awarded at no cash cost to him and will vest in 12 equal quarterly installments starting after May 31, 2026, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arthur Kirk
Role
SVP, Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 56,222 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,222 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 56,222 units
Grant price: $0.00 per share
Post‑grant holdings from this award: 56,222 shares
+1 more
4 metrics
RSUs granted
56,222 units
Restricted stock units awarded to SVP, Sales
Grant price
$0.00 per share
Equity compensation, no cash paid by insider
Post‑grant holdings from this award
56,222 shares
Total Common Stock underlying RSUs after transaction
Vesting schedule
12 quarterly installments
1/12 vests each Quarterly Date starting after May 31, 2026
Key Terms
restricted stock units ("RSUs"), Continuous Service, 2017 Equity Incentive Plan, Quarterly Date
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share..."
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.
Continuous Service financial
"subject to the recipient's Continuous Service (as defined in the Issuer's 2017 Equity Incentive Plan..."
2017 Equity Incentive Plan financial
"as defined in the Issuer's 2017 Equity Incentive Plan, as amended..."
Quarterly Date financial
""Quarterly Date" means each of February 28, May 31, August 31, and November 30..."
FAQ
What insider transaction did SOUNDTHINKING (SSTI) report for Arthur Kirk?
SOUNDTHINKING reported that SVP of Sales Arthur Kirk received 56,222 restricted stock units. Each unit represents the right to one share of Common Stock, awarded at no cash cost as part of his equity compensation package.
How do Arthur Kirk’s SSTI RSUs vest over time?
The 56,222 RSUs vest in 12 equal installments. One-twelfth vests on the first Quarterly Date after the May 31, 2026 vesting start, and one-twelfth vests on each subsequent Quarterly Date, assuming his continuous service.
What does “Quarterly Date” mean in the SOUNDTHINKING RSU grant?
Quarterly Date in this grant means February 28, May 31, August 31, and November 30 of each year. On each of these dates, a portion of Arthur Kirk’s restricted stock units is scheduled to vest if he remains in continuous service.
Is Arthur Kirk’s SSTI RSU grant an open-market stock purchase?
No, this is not an open-market purchase. The Form 4 shows a grant of restricted stock units at a price of $0.00 per share, reflecting stock-based compensation rather than Kirk buying shares on the public market.
What are restricted stock units (RSUs) in the context of SOUNDTHINKING (SSTI)?
Restricted stock units are awards that give the holder a contingent right to receive shares later. For SOUNDTHINKING, each RSU equals one share of Common Stock, delivered only as vesting conditions like continued service are satisfied over time.