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SOUN CEO Keyvan Mohajer disposes 118,654 shares under 10b5-1 plan

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Key insider sale by CEO/Director. The filing shows that Keyvan Mohajer, who is a director, CEO, and a >10% owner, sold 118,654 shares of Class A common stock on 10/08/2025 at a reported weighted-average price of $20.0024 per share under a Rule 10b5-1 trading plan adopted in May 2025. After the transaction, the reporting person beneficially owned 2,342,613 shares. The seller notes the trades were executed in multiple intraday trades at prices ranging from $20.00 to $20.06 and offers to provide trade-level details on request.

Positive

  • Sale executed under a Rule 10b5-1 plan, indicating pre-established trading terms adopted in May 2025
  • Reporting person retains a substantial stake of 2,342,613 shares after the sale

Negative

  • Insider sold 118,654 shares on 10/08/2025, which may reduce insider-held floating shares
  • Weighted-average sale price was $20.0024, exposing the sale to market-price risk across multiple trades

Insights

TL;DR: CEO sold a modest portion of holdings via a pre-established plan.

Insider sales executed under a Rule 10b5-1 plan are generally pre-arranged, which reduces, but does not eliminate, concerns about opportunistic timing. The sale of 118,654 shares at a weighted avg of $20.0024 represents a measured liquidity event while the reporting person retains 2,342,613 shares.

The main dependency is that the trades occurred under an adopted plan (May 2025), which provides affirmative defense conditions; investors may monitor any subsequent amendments or additional filings over the next quarter for further planned dispositions.

TL;DR: Transaction size and retained stake keep insider influence substantial.

The disposal of 118,654 shares reduces ownership modestly but leaves the reporting person with a large residual stake of 2,342,613 shares, indicating continued alignment with shareholders. This level of retained ownership suggests ongoing voting and economic interest.

Monitor upcoming Section 16 filings and any changes to the 10b5-1 plan within 90 days to assess whether this is a single liquidity event or part of a systematic sell program.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MOHAJER KEYVAN

(Last) (First) (Middle)
C/O SOUNDHOUND AI, INC.
5400 BETSY ROSS DRIVE

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SOUNDHOUND AI, INC. [ SOUN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/08/2025 S(1) 118,654 D $20.0024(2) 2,342,613 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in May 2025.
2. This transaction was executed in multiple trades during the day at prices ranging from $20.00 to $20.06. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Remarks:
/s /Warren Heit, attorney-in-fact for MOHAJER KEYVAN 10/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SoundHound AI (SOUN) insider Keyvan Mohajer sell on 10/08/2025?

The insider sold 118,654 Class A common shares on 10/08/2025 at a weighted-average price of $20.0024 per share.

Was the sale by the SOUN CEO part of a trading plan?

Yes. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in May 2025.

How many SOUN shares does the reporting person own after the sale?

After the reported transaction, the reporting person beneficially owned 2,342,613 shares.

At what price range were the SOUN shares sold?

Trades were executed intraday at prices ranging from $20.00 to $20.06, with a weighted-average of $20.0024.

Who signed the Form 4 for the insider transaction?

The Form 4 was signed on behalf of the reporting person by Warren Heit, attorney-in-fact on 10/10/2025.
SOUNDHOUND AI INC

NASDAQ:SOUN

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5.06B
383.27M
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29.44%
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United States
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