SOUN CFO trades: 30,000 options exercised; 60,376 shares sold
Rhea-AI Filing Summary
SoundHound AI (SOUN) reported an insider transaction by CFO Sharan Nitesh on 10/14/2025 under a Rule 10b5-1 plan. He exercised 30,000 stock options at $7.514 per share and sold 30,000 and 30,376 Class A shares at $21.21 per share.
Following these transactions, he beneficially owned 1,765,928 Class A shares directly. His remaining derivative holdings included 248,677 stock options expiring on 09/26/2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
SHARAN NITESH
Role
Chief Financial Officer
Sold
60,376 shs ($1.28M)
Approx. gross sale proceeds
$1.28M
Approx. exercise cost
$225K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to buy) | 30,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 30,000 | $7.514 | $225K |
| Sale | Class A Common Stock | 30,000 | $21.21 | $636K |
| Sale | Class A Common Stock | 30,376 | $21.21 | $644K |
Holdings After Transaction:
Stock Options (Right to buy) — 248,677 shares (Direct);
Class A Common Stock — 1,765,928 shares (Direct)
Footnotes (2)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in December 2024.
- F2. Represents stock options granted on September 27, 2021 that were exercised and sold by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did SOUN disclose?
The CFO, Sharan Nitesh, exercised 30,000 options at $7.514 and sold 30,000 and 30,376 shares at $21.21 on 10/14/2025.
Was the SOUN CFO’s trade under a 10b5-1 plan?
Yes. The filing states the trades were made under a Rule 10b5-1 plan adopted in December 2024.
At what prices were the SOUN transactions executed?
Options were exercised at $7.514 per share; sales were executed at $21.21 per share.
How many SOUN options remain after the exercise?
The CFO held 248,677 stock options following the transactions, expiring on 09/26/2031.
What was the date of the SOUN insider transactions?
The transactions occurred on 10/14/2025.