SoundHound AI Form 144: 79.5k-share insider sale worth $749k

Rhea-AI Filing Summary

SoundHound AI, Inc. (NASDAQ: SOUN) – Form 144 filing: The notice indicates that insider James M. Hom has notified the SEC of his intent to sell up to 79,530 common shares through broker Morgan Stanley Smith Barney. At the stated market price, the planned sale is valued at $749,173. The company reports 370,790,146 shares outstanding, so the proposed transaction represents roughly 0.02 % of total shares, a relatively immaterial percentage.

The filing also discloses that during the last three months the same insider executed two sales under a Rule 10b5-1 trading plan:

• 03/24/2025: 51,196 shares sold for $524,830.67
• 05/12/2025: 3,815 shares sold for $38,150.00

Collectively, those earlier sales totaled 55,011 shares and $562,981 in gross proceeds. The shares listed in the new notice were acquired via RSU/PSU vesting on 06/20/2025, the same date targeted for the sale.

No adverse, undisclosed information is claimed, and the filing is routine for insiders managing equity compensation. The small size relative to float suggests limited direct market impact, though continued insider selling can be perceived as a modestly negative sentiment signal.

Positive

• Transparent disclosure: Insider filed timely Form 144, indicating adherence to SEC rules and use of a 10b5-1 plan.
• Minimal dilution: Planned sale equals only ~0.02 % of outstanding shares, posing negligible supply pressure.

Negative

• Continued insider selling: Additional 79.5 k shares follow 55 k shares already sold, which can dampen investor sentiment despite small size.

Insights

Securities Analyst

TL;DR – Routine insider Form 144; 0.02 % of float, limited market impact.

The filing signals that James M. Hom intends to sell 79.5 k shares worth roughly $0.75 m. Combined with prior 3-month sales, he has or plans to dispose of about 134.5 k shares. While the absolute dollar amount is not trivial for the individual, the transaction is immaterial versus SOUN’s 370.8 m shares outstanding. Because the shares stem from recent RSU/PSU vesting and are being sold under a 10b5-1 plan, the filing appears procedural rather than opportunistic. From a valuation standpoint, dilution risk is negligible and there is no new operational information. Investor reaction is therefore expected to be neutral, though persistent insider selling could weigh on sentiment at the margin.

Corporate Governance Expert

TL;DR – Continued insider disposals may raise mild perception risk but are not material.

Form 144 shows compliance with disclosure rules and a structured 10b5-1 plan, limiting concerns over trading on non-public information. Still, investors often monitor cumulative insider selling as a barometer of confidence. Over three months, Mr. Hom’s planned and executed sales equal ~134,541 shares, suggesting ongoing diversification rather than a strategic exit. Governance best-practice boxes are ticked: advance notice, broker-handled sale, and acknowledgment of no undisclosed adverse information. Impact on share supply, voting power, or control is de minimis, so governance risk remains low.

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

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
JAMES M HOM (10b5-1 Sale) 5400 Betsy Ross Drive Santa Clara CA 95054	Common Stock	03/24/2025	51196	524830.67
JAMES M HOM (10b5-1 Sale) 5400 Betsy Ross Drive Santa Clara CA 95054	Common Stock	05/12/2025	3815	38150.00

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 is the insider planning to sell?

The Form 144 lists 79,530 common shares for potential sale.

What is the estimated value of the proposed SoundHound AI share sale?

Based on the filing, the aggregate market value is $749,173.

When is the planned sale date for the SOUN shares?

The insider indicated an approximate sale date of 06/20/2025.

How does the sale compare to SoundHound AI's total shares outstanding?

The 79,530 shares equal about 0.02 % of the 370.8 million shares outstanding.

Has the insider recently sold other SOUN shares?

Yes. In the past three months he sold 51,196 shares on 03/24/2025 and 3,815 shares on 05/12/2025.