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SoundHound AI Form 144: Keyvan Mohajer plans $2.4M stock sale

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

Rhea-AI Filing Summary

SoundHound AI, Inc. (SOUN) filed a Form 144 disclosing a proposed sale of 254,376 common shares on or about 20 Jun 2025 through Morgan Stanley Smith Barney LLC on the NASDAQ exchange. The aggregate market value is $2,396,222, representing roughly 0.07 % of the company’s 370.79 million shares outstanding.

The seller, Keyvan Mohajer (acting under a Rule 10b5-1 plan), previously sold 138,895 shares for $1,400,061.60 on 24 Mar 2025. The securities to be sold were acquired via RSU/PSU vesting on 20 Jun 2025, with no cash consideration noted.

This notice is procedural under Rule 144 and does not guarantee execution; actual sales will depend on market conditions and regulatory volume limits.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Minor insider sale (0.07% O/S) via Rule 144; neutral on valuation; indicates routine diversification, no disclosed adverse information.

The filing outlines a planned sale of 254,376 SoundHound AI shares valued at about $2.4 million. With 370.8 million shares outstanding, the trade represents less than one-tenth of one percent of the float, implying negligible dilution or price pressure. Shares originate from RSU/PSU vesting and will be sold through Morgan Stanley Smith Barney on 20 Jun 2025. The same insider already liquidated 138,895 shares in March for $1.4 million, suggesting orderly, pre-scheduled diversification. Given the 10b5-1 framework and modest size, the filing appears routine and carries limited market significance.

TL;DR: $2.4 M proposed sale is immaterial to SOUN’s float; neutral impact unless insider selling accelerates.

The 254,376-share block equates to a fraction of daily trading volume for many mid-caps and should not create a lasting overhang. While continued insider sales could affect sentiment, this isolated notice is standard practice and doesn’t alter the investment thesis. Investors may monitor subsequent Forms 4 for actual execution and cumulative totals.

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 SoundHound AI (SOUN) shares are proposed to be sold under the latest Form 144?

254,376 common shares are listed for potential sale.

What is the aggregate market value of the shares in SoundHound's Form 144 filing?

The filing cites an aggregate value of $2,396,222.

When is the proposed sale date for the 254,376 SOUN shares?

The approximate sale date disclosed is 20 June 2025.

Which broker is named to execute the SoundHound insider sale?

Morgan Stanley Smith Barney LLC is listed as the executing broker.

How many SoundHound AI shares did the insider sell in the past three months?

The insider previously sold 138,895 shares on 24 March 2025 for gross proceeds of $1,400,061.60.

What percentage of SoundHound's outstanding shares does the proposed sale represent?

The planned sale equals about 0.07 % of the 370.79 million shares outstanding.