4Accepted Sep 2, 4:07 PM ET
SoundThinking (SSTI) SVP David Jochim Sells 1,162 Shares
Accepted (ET)
4:07 PM
Sep 2, 2026
Filed
Sep 2, 2026
Documents
1
Size
5.6 KB
Summary
SoundThinking (SSTI) SVP David Jochim Sells 1,162 Shares
What Happened
David Jochim, SVP, Technologic and Professional Services at SoundThinking (SSTI), sold 1,162 shares on 2026-08-31 in an open-market/private sale for a weighted average price of $6.05, totaling about $7,032. This was a sale (routine "sell to cover") to satisfy tax withholding obligations related to the vesting of restricted stock units.
Key Details
- Transaction date: 2026-08-31; filing date: 2026-09-02 (timely within Form 4 rules).
- Shares sold: 1,162; weighted avg price reported: $6.05; total proceeds ≈ $7,032.
- Price range: $5.96 to $6.27 (shares sold in multiple transactions; issuer/insider can provide per-price breakdown on request). [F2]
- Reason: Sale was made to cover applicable tax withholding and related brokerage fees upon RSU vesting. [F1]
- Transaction code: S (Sale).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
"Sell to cover" transactions are routine tax-related disposals tied to RSU vesting and do not necessarily indicate a change in the insider’s view of the company's prospects. For retail investors, purchases typically carry clearer signals than routine withholding sales.