SoundHound AI Form 144 reveals $749K planned insider stock sale

Rhea-AI Filing Summary

SoundHound AI, Inc. (SOUN) filed a Form 144 signaling the planned disposition of 79,530 common shares by insider Seyed Majid Emami. Morgan Stanley Smith Barney will act as the broker, and the shares are slated for sale on 06/20/2025 on the NASDAQ. The filing lists an aggregate market value of $749,173, implying an indicative price of roughly $9.42 per share.

The shares originate from RSU/PSU vesting on the same date as the proposed sale. Form 144 indicates intent rather than completion, but if executed, the transaction would equal just 0.021% of the 370.8 million shares outstanding, posing minimal dilution risk.

The document also discloses that Emami sold 132,352 shares on 06/10/2025 via a Rule 10b5-1 plan, realizing $1.33 million in gross proceeds. Combined with the new notice, total insider sales over three months would reach 211,882 shares, or roughly 0.057% of shares outstanding.

While insider selling can be interpreted as a negative sentiment signal, the modest size and pre-planned nature of the transactions mitigate market impact. No adverse operational or financial information is revealed, and the filing appears to fulfill routine disclosure requirements.

Positive

• Sale size is immaterial – only 0.021% of total shares, limiting dilution or price pressure.
• Executed under Rule 10b5-1 plan, indicating pre-scheduled trading and strong compliance.
• Full disclosure through Form 144 supports transparency and good governance.

Negative

• Insider trimming holdings can be perceived as a negative sentiment signal.
• Additional 132,352 shares already sold this quarter, showing ongoing disposition activity.

Insights

Securities Analyst

TL;DR: Insider plans to sell 79k shares; size tiny, pre-planned, sentiment mildly negative but financially immaterial.

The Form 144 shows Seyed Majid Emami intends to sell 79,530 shares worth about $0.75 million. With 370.8 million shares outstanding, the sale equates to 0.02%, barely moving the float. Earlier Rule 10b5-1 sales total 132,352 shares, so cumulative insider disposals remain under 0.06% of shares. Such volume is unlikely to pressure the stock’s liquidity or valuation. However, any insider sale can weigh on sentiment, especially given SoundHound’s high-growth narrative and limited profitability. Because the shares stem from RSU/PSU vesting and follow a trading plan, I see no red flag regarding corporate outlook. Overall impact is neutral.

Corporate Governance Expert

TL;DR: Routine Form 144 filing; compliance strong, transaction immaterial, governance posture intact.

This filing demonstrates procedural adherence: (1) advance notice via Form 144, (2) use of a major broker, and (3) reference to a Rule 10b5-1 plan. These factors reduce litigation and perception risk. No undisclosed material information is indicated, satisfying Rule 144 certifications. The fractional stake being sold suggests the insider is merely diversifying rather than exiting. I classify the governance impact as neutral to slightly positive due to transparency.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC 1 New York Plaza 8th Floor New York NY 10017	79530	749173.00	370790146	06/20/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/20/2025	RSU/PSU	Issuer			79530	06/20/2025	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
SEYED MAJID EMAMI (10b5-1 Sale) 5400 Betsy Ross Drive Santa Clara CA 95054	Common Stock	06/10/2025	132352	1328906.73

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many SoundHound AI (SOUN) shares are insiders planning to sell?

The Form 144 covers 79,530 common shares with an aggregate market value of $749,173.

What percentage of SOUN’s outstanding shares does the planned sale represent?

It represents roughly 0.021% of the 370.8 million shares outstanding.

When is the proposed sale date for the SOUN insider shares?

The approximate sale date disclosed is June 20, 2025.

Were there recent insider sales at SoundHound AI before this filing?

Yes. Emami sold 132,352 shares on June 10, 2025, generating $1.33 million in proceeds.

What method was used to acquire the shares being sold?

The 79,530 shares were acquired via RSU/PSU vesting on the same date as the proposed sale.