SoundHound AI (NASDAQ: SOUN) CSO sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoundHound AI, Inc. executive Majid Emami, the CSO and SVP of Engineering and a more than 10% owner, reported an open-market sale of 28,843 shares of Class A Common Stock at an average price of $7.4578 per share. According to the filing, this sale was made to satisfy tax withholding obligations arising from the vesting of restricted stock units granted on multiple prior dates. After this transaction, Emami directly holds 472,983 shares, indicating this was a compensation-related, routine tax event rather than a full reduction of his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 28,843 shares ($215,105)
Net Sell
1 txn
Insider
EMAMI MAJID
Role
CSO & SVP, Engineering
Sold
28,843 shs ($215K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 28,843 | $7.4578 | $215K |
Holdings After Transaction:
Class A Common Stock — 472,983 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 28,843 shares
Average sale price: $7.4578 per share
Shares held after transaction: 472,983 shares
+1 more
4 metrics
Shares sold
28,843 shares
Open-market sale on 2026-06-15
Average sale price
$7.4578 per share
Class A Common Stock sale
Shares held after transaction
472,983 shares
Direct holdings following sale
Transaction type
Open-market sale
Form 4 code S, non-derivative
Key Terms
restricted stock units, tax withholding obligations, open-market sale, Class A Common Stock
4 terms
restricted stock units financial
"in connection with the vesting of shares of restricted stock units granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"The sale reported herein was made to satisfy tax withholding obligations in connection with the vesting"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did SOUN executive Majid Emami report?
Majid Emami reported selling 28,843 shares of SoundHound AI Class A Common Stock. The shares were sold at an average price of $7.4578 each to cover tax withholding obligations tied to vested restricted stock units granted in prior years.