Director at SoundHound AI (SOUN) receives 20,694 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOUNDHOUND AI, INC. director Marcus Lawrence reported an equity compensation grant in the form of restricted stock units. He acquired 20,694 shares of Class A Common Stock at no cash cost, bringing his direct holdings to 112,631 shares after the award.
The award was granted under the company’s 2022 Incentive Award Plan and is structured to vest in four approximately equal quarterly installments. This filing reflects a compensation-related share grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARCUS LAWRENCE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 20,694 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 112,631 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 20,694 shares
Holdings after grant: 112,631 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSU grant size
20,694 shares
Restricted stock units of Class A Common Stock granted on 2026-05-22
Holdings after grant
112,631 shares
Total direct Class A Common Stock held following the award
Grant price
$0.00 per share
Equity compensation award, no cash paid for RSUs
Vesting schedule
4 quarterly installments
RSUs vest in four approximately equal quarterly installments
Key Terms
restricted stock units, 2022 Incentive Award Plan, Class A Common Stock, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents a grant of restricted stock units under the SoundHound AI, Inc. 2022 Incentive Award Plan"
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.
2022 Incentive Award Plan financial
"Represents a grant of restricted stock units under the SoundHound AI, Inc. 2022 Incentive Award Plan"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did SOUNDHOUND AI (SOUN) director Marcus Lawrence report?
Marcus Lawrence reported receiving a grant of 20,694 restricted stock units of Class A Common Stock. The award is a compensation grant under the 2022 Incentive Award Plan, not an open-market trade, and increases his direct holdings to 112,631 shares.
What are the vesting terms of Marcus Lawrence’s new SOUN restricted stock units?
The 20,694 restricted stock units granted to Marcus Lawrence vest in four approximately equal quarterly installments. This means the award will convert into Class A Common Stock over four quarterly dates, aligning director compensation with SOUNDHOUND AI’s ongoing performance and retention objectives.
Was Marcus Lawrence’s SOUNDHOUND AI (SOUN) transaction a market purchase or sale?
The reported transaction was not a market purchase or sale. It was an acquisition of 20,694 restricted stock units granted at a price of $0.00 per share as equity compensation, reflecting a non-cash award under the 2022 Incentive Award Plan.
Under which plan were Marcus Lawrence’s SOUNDHOUND AI restricted stock units granted?
The restricted stock units were granted under the SoundHound AI, Inc. 2022 Incentive Award Plan. This plan provides equity-based compensation, and the 20,694-unit award to Marcus Lawrence vests in four approximately equal quarterly installments into Class A Common Stock.