SoundHound AI (SOUN) COO sells 52,968 shares to cover RSU taxes
Rhea-AI Filing Summary
SOUNDHOUND AI, INC. Chief Operating Officer Michael Zagorsek reported an open-market sale of 52,968 shares of Class A Common Stock at an average price of $6.7903 per share. After this transaction, he directly holds 1,734,491 shares.
According to the footnote, this sale was made to satisfy tax withholding obligations tied to the vesting of restricted stock units granted on August 4, 2022, August 3, 2023, August 1, 2024 and July 31, 2025, indicating a compensation-related, non-discretionary transaction rather than a typical portfolio trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 52,968 shares
Net Sell
1 txn
Insider
ZAGORSEK MICHAEL
Role
Chief Operating Officer
Sold
52,968 shs ($360K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 52,968 | $6.7903 | $360K |
Holdings After Transaction:
Class A Common Stock — 1,734,491 shares (Direct)
Footnotes (1)
- F1. The sale reported herein was made to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person on August 4, 2022, August 3, 2023, August 1, 2024 and July 31, 2025.
FAQ
What insider transaction did SOUNDHOUND AI (SOUN) report for Michael Zagorsek?
SOUNDHOUND AI reported that COO Michael Zagorsek sold 52,968 shares of Class A Common Stock at an average price of $6.7903. This transaction was disclosed in a Form 4 insider filing detailing his updated share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.