SoundThinking EVP Golzadeh sells $4336 in shares

Published 02/09/2025, 23:24
SoundThinking EVP Golzadeh sells $4336 in shares

Nasim Golzadeh, EVP Investigative Solutions at SoundThinking, INC. (NYSE:SSTI), sold 345 shares of common stock on August 28, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The transaction comes as the stock has declined over 28% in the past six months, currently trading at $11.79 with a market capitalization of approximately $151 million.

The shares were sold at prices ranging from $12.54 to $12.66, with the transaction totaling $4336. Following the transaction, Golzadeh directly owns 93,364 shares of SoundThinking, INC.

The sale was to cover tax withholding obligations related to the vesting of restricted stock units and brokerage commission fees.

In other recent news, SoundThinking Inc. reported its financial results for the second quarter of 2025, which did not meet analysts’ expectations. The company posted a net loss with earnings per share of -$0.24, missing the forecasted figure of -$0.10. Additionally, SoundThinking’s revenue for the quarter was $25.9 million, falling short of the anticipated $26.61 million. These results highlight challenges the company faced during the period. Despite the earnings and revenue misses, the company’s stock saw an increase in aftermarket trading. Investors and analysts will be closely monitoring how SoundThinking addresses these shortfalls in future quarters. The recent developments could influence analysts’ future projections and recommendations for the company.

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