Ralph A. Clark Discloses 816,233-Share Position in SSTI
Rhea-AI Filing Summary
SoundThinking, Inc. disclosure shows Ralph A. Clark beneficially owns 816,233 shares, representing 6.2% of the company's common stock. That total comprises 500,982 shares held directly, 309,085 shares issuable upon exercise of outstanding options exercisable within 60 days, and 6,166 shares expected to settle pursuant to restricted stock units within 60 days. Mr. Clark reports sole voting and sole dispositive power over all reported shares with no shared authority. The filing treats the exercisable options and RSUs as outstanding for percentage calculation under applicable SEC rules.
Positive
- Material ownership disclosed: Reports beneficial ownership of 816,233 shares (6.2% of the class).
- Clear composition: Breakdown provided: 500,982 direct shares, 309,085 options exercisable within 60 days, and 6,166 RSUs expected to settle within 60 days.
- Sole control: Reporting person has sole voting and sole dispositive power over all reported shares.
Negative
- None.
Insights
TL;DR: Insider reports a material 6.2% stake including exercisable options and RSUs; disclosure is notable but appears routine.
The statement discloses 816,233 shares beneficially owned, combining direct holdings and near-term equity awards. Sole voting and dispositive power over these shares gives the reporting person direct governance influence. This is a material ownership disclosure for investors because it exceeds 5% of the class, but the filing contains no indication of a new acquisition strategy or change in control.
TL;DR: 6.2% beneficial ownership with sole control increases an individual insider's governance weight; disclosure is material but not an explicit governance action.
The breakdown—500,982 direct shares, 309,085 exercisable options, and 6,166 RSUs—clarifies the composition of the stake and shows near-term potential share issuance through exercised options and settled RSUs. Sole voting/dispositive authority is affirmed and no shared powers are reported. The filing functions as transparent SEC disclosure of a material insider position without signaling activist or consolidated-group behavior.