SoundHound AI Insider to Sell $1.1M in Stock on NASDAQ
SoundHound AI has filed a Form 144 notice indicating a proposed sale of 117,180 shares of common stock with an aggregate market value of $1,103,836.
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Rhea-AI Filing Summary
SoundHound AI has filed a Form 144 notice indicating a proposed sale of 117,180 shares of common stock with an aggregate market value of $1,103,836. The securities were acquired through RSU/PSU (Restricted Stock Units/Performance Stock Units) from the issuer on June 20, 2025.
The sale is planned to be executed through Morgan Stanley Smith Barney LLC on the NASDAQ exchange. The total number of shares outstanding is reported as 370,790,146. The proposed transaction represents approximately 0.032% of the total shares outstanding.
Key details:
- Planned sale date: June 20, 2025
- Broker: Morgan Stanley Smith Barney LLC (New York)
- No other securities sales reported in the past 3 months
- Securities acquired through equity compensation (RSU/PSU)
Positive
- None.
Negative
- Insider plans to sell 117,180 shares worth approximately $1.1M, representing a liquidation of RSU/PSU awards
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