STOCK TITAN

SoundHound AI insider signals $1.0M stock sale via Form 144 filing

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

Rhea-AI Filing Summary

SoundHound AI, Inc. (SOUN) has filed a Form 144 indicating a proposed sale of restricted securities. The filing, submitted as a LIVE submission to the SEC, discloses the intent to sell 111,111 shares of common stock on or about 06/20/2025 through broker Morgan Stanley Smith Barney LLC on the NASDAQ exchange. The aggregate market value of the shares, based on the market price at the time of filing, is stated as $1,046,666.

The shares were acquired on the same date (06/20/2025) via an RSU/PSU award from the issuer. No prior sales within the past three months were reported, and there are no additional remarks or donor-related gift disclosures. The issuer’s total shares outstanding, as cited in the filing, are 370,790,146, meaning the proposed sale represents roughly 0.03 % of outstanding shares.

The filer’s identity, relationship to the issuer, and contact information were left blank, so the filing does not specify whether the seller is an executive, director, or other affiliate. The signature section reiterates the standard Rule 144 representation that the seller is unaware of undisclosed material adverse information.

  • Form type: Form 144 – Notice of Proposed Sale of Securities
  • Shares to be sold: 111,111 common shares
  • Estimated value: $1.05 million
  • Approximate sale date: 06/20/2025
  • Broker: Morgan Stanley Smith Barney LLC (New York)

Because the stake amounts to a small fraction of shares outstanding and essential filer details are missing, the market impact is expected to be modest unless further information emerges.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Minor Form 144 filing – 111k SOUN shares (~0.03 % O/S) worth $1.0 M slated for sale; identity of seller undisclosed.

This Form 144 signals an upcoming disposition of 111,111 SoundHound AI shares valued at about $1.05 million. Relative to the 370.8 million shares outstanding, the transaction is immaterial and should not affect float or liquidity in a meaningful way. The use of Morgan Stanley as broker and the RSU/PSU acquisition suggest a potential employee or affiliate liquidation upon vesting, but the lack of filer identification prevents confirmation. No prior three-month sales were declared, and the filing makes the standard assertion of no undisclosed adverse information. Unless follow-up filings (e.g., Form 4 or additional Form 144s) reveal larger cumulative sales or insider involvement, the disclosure is operationally routine and likely neutral for investors.

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

What did SoundHound AI (SOUN) file with the SEC?

SoundHound AI filed a Form 144 indicating a planned sale of restricted common stock under Rule 144.

How many SOUN shares are proposed to be sold and what is their value?

The filing lists 111,111 shares with an aggregate market value of $1,046,666.

When is the approximate sale date for the SoundHound AI shares?

The filer intends to sell on or about 06/20/2025.

What percentage of SoundHound AI’s shares outstanding does this sale represent?

The proposed sale equals roughly 0.03 % of the 370,790,146 shares outstanding.

Who is the broker handling the transaction?

The sale will be executed through Morgan Stanley Smith Barney LLC on the NASDAQ.