Jochim David 4
Research Summary
AI-generated summary
SOUNDTHINKING (SSTI) SVP Jochim David Receives RSUs & Option Award
What Happened
Jochim David, Senior Vice President of TechnoLogic and Professional Services at SoundThinking, received equity awards on June 1, 2026: 36,390 restricted stock units (RSUs) and a 30,000-share derivative award (an option-style grant). Both awards were granted at $0 per share (i.e., a compensation grant, not a market purchase or sale). These are retention/compensation grants, not sales—no shares were sold.
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-03 (filed within the typical 2-business-day Form 4 window).
- Grants: 36,390 RSUs (F1) and 30,000 derivative award shares (F2) — both reported as acquisition (code A) at $0.00.
- Vesting (RSUs, F1): 1/12 of the RSUs vest on the first Quarterly Date after the June 1, 2026 vesting start, then 1/12 on each subsequent Quarterly Date (Quarterly Dates = Feb 28, May 31, Aug 31, Nov 30).
- Vesting (derivative award, F2): 25% vests on June 1, 2027; remaining 75% vests in 36 equal monthly installments thereafter, subject to continued service.
- Shares owned after transaction: not specified in the filing.
- No tax-withholding, cashless exercise, or 10b5-1 plan noted in this filing.
Context
RSUs convert to actual shares when they vest (no exercise required). The derivative award is an equity-style grant that becomes or permits acquisition of shares over time as it vests; it is not an immediate sale or purchase on the open market. Grants like these are common executive compensation and reflect compensation/retention rather than an insider signal to buy or sell.