BRATTON WILLIAM J. 4
Research Summary
AI-generated summary
SOUNDTHINKING (SSTI) Director William Bratton Receives RSU Award
What Happened
- William J. Bratton, a director of SoundThinking, Inc. (SSTI), received an award of 18,180 restricted stock units (RSUs) on June 3, 2026. The grant is reported at $0.00 per unit (code A — award/grant), so no cash was exchanged at grant.
- RSUs represent a promise to issue common shares upon vesting; they are not immediately tradable shares and do not indicate a purchase or sale.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-25 (appears untimely — 22 days after the grant).
- Grant: 18,180 RSUs reported at $0.00 per unit (transaction code A).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: RSUs vest on the earlier of June 3, 2027 or the company’s next annual meeting. They also vest upon a Change in Control (as defined in the plan) or immediately prior to effectiveness of the participant’s resignation/removal tied to a Change in Control. Vesting terminates upon termination of the participant’s Continuous Service.
- No 10b5-1 plan, tax-withholding sale, or immediate sale of underlying shares was disclosed.
Context
- RSU grants are common director compensation and differ from open-market purchases or sales; they signal compensation/retention rather than an immediate view on the stock’s near-term prospects.
- Because the RSUs vest in the future (or upon certain corporate events), the economic impact and eventual share issuance depend on vesting conditions and any subsequent filings when RSUs convert to shares.