[Form 4] SOUNDHOUND AI, INC. Insider Trading Activity
Emami Majid, a director and VP of Engineering at SoundHound AI, Inc. (SOUN), reported two stock sales in September 2025. On 09/22/2025 he disposed of 42,119 Class A shares, leaving 685,538 shares owned; those shares were sold to satisfy tax withholding tied to restricted stock units granted on multiple dates. On 09/24/2025 he sold an additional 36,185 shares under a Rule 10b5-1 plan at a weighted-average price of $17.8599, leaving 649,353 shares. The 09/24 filing is signed by an attorney-in-fact.
- Sale for tax withholding was disclosed as such, clarifying the motive for the 09/22 transaction
- Use of a Rule 10b5-1 trading plan (adopted March 2025) for the 09/24 sale increases procedural transparency
- Weighted-average price and execution range for the 09/24 trades are disclosed, aiding transparency
- Form is signed by an attorney-in-fact, indicating a valid filing
- Beneficial ownership decreased from 685,538 shares after the 09/22 sale to 649,353 after the 09/24 sale
- Total shares sold across the two reported transactions amount to 78,304 Class A shares
Insights
TL;DR: Insider sold 78,304 SOUN shares across two transactions; one sale satisfied tax withholding and one executed under a 10b5-1 plan.
The transactions are routine insider liquidity events tied to RSU vesting and a pre-established trading plan. The 09/22 sale was explicitly to cover tax withholding for multiple RSU grants, which is a common reason for disposition and does not indicate discretionary market-timing by the reporting person. The 09/24 sale under a Rule 10b5-1 plan provides procedural protection and clarity on intent, and the filer discloses the intraday price range and weighted-average price, improving transparency.
TL;DR: Disclosures are timely and include required explanations; the use of an attorney-in-fact and 10b5-1 plan are properly noted.
The Form 4 includes the necessary explanatory footnotes describing the tax-withholding sale and the 10b5-1 plan adoption in March 2025. Signature by an attorney-in-fact is clearly shown. From a governance perspective, these filings meet disclosure expectations for insider transactions, and the additional note offering to provide full execution details to the SEC or security holders enhances compliance transparency.