STOCK TITAN

SoundHound AI Insider's $2.6M Total Stock Sales Signal Potential Strategy Shift

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

SoundHound AI insider Seyed Majid Emami has filed Form 144 indicating intent to sell 60,295 shares of common stock with an aggregate market value of $572,199.55 through Morgan Stanley Smith Barney LLC. The sale is planned for execution on the NASDAQ exchange around June 24, 2025.

The shares being sold were acquired as Restricted Stock Units from the issuer on January 1, 2025. The filing also discloses previous sales by the same insider within the past 3 months:

  • June 20, 2025: 79,530 shares sold for $749,172.60
  • June 10, 2025: 132,352 shares sold for $1,328,903.30 (10b5-1 plan sales)

Total outstanding shares of SoundHound AI common stock: 369,198,933. This proposed sale represents approximately 0.016% of outstanding shares.

Positive

  • None.

Negative

  • Insider selling pattern: Executive Seyed Majid Emami executed multiple significant sales totaling 272,177 shares worth approximately $2.65M in June 2025, including both planned 10b5-1 and new transactions
  • The combined insider sales represent a material transaction volume relative to trading patterns

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many shares of SOUN stock is being sold according to the June 2025 Form 144?

According to the Form 144 filing, 60,295 shares of SOUN common stock are proposed to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $572,199.55.

What is the recent trading history of SOUN insider Seyed Majid Emami in the past 3 months?

Seyed Majid Emami made two recent sales: 79,530 shares on June 20, 2025, generating gross proceeds of $749,172.60, and 132,352 shares on June 10, 2025, generating gross proceeds of $1,328,903.30. These sales were executed under a 10b5-1 trading plan.

How did the SOUN insider acquire the shares being sold in this Form 144?

The shares were acquired on January 1, 2025, through Restricted Stock Units (RSUs) granted by the issuer. The filing indicates 60,295 RSUs were acquired on this date.

What is SOUN's total shares outstanding according to the June 2025 Form 144?

According to the Form 144 filing, SoundHound AI (SOUN) has 369,198,933 shares outstanding as of June 2025.

Where will the SOUN shares be sold according to the Form 144?

The shares will be sold on the NASDAQ stock exchange, with Morgan Stanley Smith Barney LLC's Executive Financial Services division (located at 1 New York Plaza, 8th Floor, New York NY 10004) serving as the broker.