SoundThinking, Inc. ownership update: Kopion Asset Management, LLC reports 1,018,977 shares of Common Stock, representing 7.9% of the class, held with shared dispositive power. The filing states this position is held as a passive investor and was certified as not intended to change or influence control.
The Schedule 13G also lists Terry Ledbetter, Jr. with 647,797 shares ( 5.0% ), and provides the reporting addresses and CUSIP 82536T107.
Positive
None.
Negative
None.
Insights
Passive accumulation disclosed: Kopion holds 7.9% and Ledbetter 5.0% of SoundThinking.
Kopion Asset Management reports 1,018,977 shares with shared dispositive power, which the filing classifies as a passive Schedule 13G position. The report includes the filer address and CUSIP 82536T107.
Key dependency is the stated passive status; any future change in intent would require amendment to a Schedule 13D. Subsequent filings will disclose material shifts in voting or control intentions.
Filing format and certification align with Schedule 13G passive investor rules.
The joint filing by Kopion and Terry Ledbetter confirms ownership percentages and voting/dispositive powers, and includes the required certification that the shares were not acquired to change control. The filing identifies Terry Ledbetter as a separate reporting person with >5% interest.
Watch for an amendment if timing, intent, or holdings change; under SEC rules, a move away from passive intent triggers Schedule 13D reporting.
Key Figures
Kopion shares owned:1,018,977 sharesKopion ownership percent:7.9%Ledbetter shares owned:647,797 shares+3 more
6 metrics
Kopion shares owned1,018,977 sharesAmount beneficially owned reported on Schedule 13G
Kopion ownership percent<percent>7.9%</percent>Percent of class disclosed in Item 4
Ledbetter shares owned647,797 sharesAmount beneficially owned reported for Terry Ledbetter, Jr.
Ledbetter ownership percent<percent>5.0%</percent>Percent of class disclosed for Terry Ledbetter, Jr.
CUSIP82536T107Identifies SoundThinking common stock in the filing
Filing date / signature date04/24/2026Date on signature line certifying the Schedule 13G
"This statement is being jointly filed by, and on behalf of, Kopion Asset Management"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"Amount beneficially owned: 1,018,977"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive powerregulatory
"Shared Dispositive Power 1,018,977.00"
passive investorregulatory
"falling under the requirements as a Passive Investor"
What stake does Kopion Asset Management report in SoundThinking (SSTI)?
Kopion reports 1,018,977 shares, equal to 7.9% of SoundThinking's common stock. The filing states the position is held with shared dispositive power and classified as passive under Schedule 13G.
What holdings does Terry Ledbetter, Jr. report in SSTI?
Terry Ledbetter, Jr. reports beneficial ownership of 647,797 shares, representing 5.0% of the class. He is named as a separate reporting person in the joint Schedule 13G filing.
Does this Schedule 13G indicate a control change for SoundThinking?
No. The filing includes a certification that the securities were not acquired to change or influence control and that the position is held as a passive investor, consistent with Schedule 13G treatment.
What CUSIP and identifying details are on the filing?
The filing lists the CUSIP 82536T107 and SoundThinking's principal executive office at 39300 Civic Center Drive, Suite 300, Fremont, California, as the issuer address provided on the Schedule 13G.
What reporting obligations follow if intent changes?
If the holders change intent from passive to active (seeking to influence control), they must amend the filing to a Schedule 13D. The current Schedule 13G notes passive status and a certification to that effect.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SOUNDTHINKING, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
82536T107
(CUSIP Number)
04/23/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
82536T107
1
Names of Reporting Persons
Kopion Asset Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
TEXAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,018,977.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,018,977.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
82536T107
1
Names of Reporting Persons
Ledbetter Terry Lee Jr
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
TEXAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
647,797.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
647,797.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
647,797.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.0 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SOUNDTHINKING, INC.
(b)
Address of issuer's principal executive offices:
39300 CIVIC CENTER DRIVE, SUITE 300, FREMONT, CALIFORNIA, 94538
Item 2.
(a)
Name of person filing:
This statement is being jointly filed by, and on behalf of, Kopion Asset Management, LLC, a Texas limited liability company ("Kopion") and Terry Ledbetter, Jr., a US citizen.
(b)
Address or principal business office or, if none, residence:
400 W. Louisiana Street, McKinney, TX 75069
(c)
Citizenship:
USA
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
82536T107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,018,977
(b)
Percent of class:
7.9%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,018,977
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds form the common stock of SoundThinking, Inc. Of those various persons, Terry Ledbetter, Jr. is the only one with an interest of 5% or more. He is listed as a separate reporting person in this Schedule 13G, falling under the requirements as a Passive Investor.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
