Veradace Partners LP 4

What Happened
Veradace Partners LP (reported as a 10% owner; Veradace Capital Management is the investment manager) purchased a total of 114,628 shares of SoundThinking, Inc. (SSTI) across two days. On 2026-02-18 it acquired 105,880 shares at a weighted-average price of $7.14 (≈ $755,983) and on 2026-02-19 it acquired 8,748 shares at a weighted-average price of $7.07 (≈ $61,848), for an aggregate outlay of about $817,831. These were purchases (Transaction code P), which are often viewed as a more informative signal than routine sales.

Key Details

• Transaction dates and prices:
  • 2026-02-18 — 105,880 shares @ $7.14 (weighted avg) = $755,983
  • 2026-02-19 — 8,748 shares @ $7.07 (weighted avg) = $61,848
• Total acquired: 114,628 shares for ~ $817,831.
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: Form 4 filed on 2026-02-20 (covers trades on Feb 18–19); filing appears timely.
• Footnotes: The reported per‑share prices are weighted averages of multiple same‑day executions (price variation per day did not exceed $1). Transactions reported in aggregate under the SEC Division of Corporation Finance No‑Action Letter on aggregate reporting. The investment manager directly holds the securities; certain affiliated persons may be deemed to share beneficial ownership but disclaim ownership except for pecuniary interest.

Context

• This activity is institutional buying by a 10% owner and its manager, not an executive officer trade. Institutional purchases can reflect confidence from a large holder but do not reveal the manager’s motives.
• The Form 4 notes aggregation rules and weighted‑average pricing; no options, awards, gifts, or tax‑withholding events are involved.