Director at SoundThinking (SSTI) awarded 18,180 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goldfield Burton M. reported acquisition or exercise transactions in this Form 4 filing.
SOUNDTHINKING, INC. director Burton M. Goldfield reported an equity award and updated holdings. He received 18,180 Restricted Stock Units (RSUs) of common stock at $0.00 per share as a grant or award. After this award, his direct common stock holdings totaled 27,422 shares.
The RSUs will vest upon the earlier of June 3, 2027 and the company’s next annual meeting of stockholders, with accelerated vesting possible upon a qualifying Change in Control. Separately, 18,500 shares are held indirectly through the Burton M. and Maud Carol Goldfield Trust, where he and his spouse serve as trustees and beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Goldfield Burton M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,180 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,422 shares (Direct, null);
Common Stock — 18,500 shares (Indirect, By Trust)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs"). All of the RSUs subject to this award will vest upon the earlier of June 3, 2027 and the Company's next annual meeting of stockholders. In addition, all such RSUs will vest upon a Change in Control (as defined in the Issuer's 2017 Equity Incentive Plan (the "Plan")) or immediately prior to the effectiveness of the Reporting Person's resignation or removal (and contingent upon the effectiveness of a Change in Control) in the event that the Reporting Person is required to resign his position as a member of the Board of Directors as a condition of the Change in Control or is removed from his position as a member of the Board of Directors in connection with the Change in Control. Notwithstanding the foregoing, vesting shall terminate upon the Reporting Person's termination of Continuous Service, as defined in the Plan. Shares are held directly by the Burton M. and Maud Carol Goldfield Trust, dated 12/6/2000 (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.
Key Figures
RSU grant size: 18,180 RSUs
Grant price: $0.00 per share
Direct holdings after grant: 27,422 shares
+2 more
5 metrics
RSU grant size
18,180 RSUs
Restricted Stock Units granted on June 3, 2026
Grant price
$0.00 per share
Price per share for RSU award
Direct holdings after grant
27,422 shares
Total direct common stock following acquisition entry
Indirect trust holdings
18,500 shares
Common stock held by Burton M. and Maud Carol Goldfield Trust
RSU vesting date
June 3, 2027
Latest possible vesting date or earlier at next annual meeting
Key Terms
Restricted Stock Units ("RSUs"), Change in Control, 2017 Equity Incentive Plan, Continuous Service, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs"). All of the RSUs subject to this award will vest..."
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..."
Trust financial
"Shares are held directly by the Burton M. and Maud Carol Goldfield Trust, dated 12/6/2000..."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
What did Burton M. Goldfield receive in this SoundThinking (SSTI) Form 4 filing?
Burton M. Goldfield received an award of 18,180 Restricted Stock Units (RSUs) of SoundThinking common stock at $0.00 per share. This reflects a compensation-related equity grant rather than an open-market purchase or sale.
When do Burton M. Goldfield’s 18,180 RSUs in SoundThinking (SSTI) vest?
All 18,180 RSUs vest on the earlier of June 3, 2027 and SoundThinking’s next annual stockholders’ meeting. The RSUs may also vest earlier if specific Change in Control conditions described in the company’s 2017 Equity Incentive Plan are met.
What is the Change in Control treatment for Burton M. Goldfield’s SoundThinking (SSTI) RSUs?
All RSUs vest upon a Change in Control as defined in SoundThinking’s 2017 Equity Incentive Plan, in certain circumstances. Vesting accelerates if he must resign or is removed from the board in connection with that Change in Control transaction.
What could cause Burton M. Goldfield’s SoundThinking (SSTI) RSUs to stop vesting?
Vesting of the RSUs will terminate upon Burton M. Goldfield’s termination of Continuous Service, as defined in SoundThinking’s 2017 Equity Incentive Plan. If his service as a director ends and no qualifying Change in Control condition applies, remaining unvested RSUs would cease vesting.