SoundHound AI (NASDAQ: SOUN) awards 400,000 RSUs to chief product officer
Rhea-AI Filing Summary
HOM JAMES MING reported acquisition or exercise transactions in this Form 4 filing.
SoundHound AI, Inc. reported that Chief Product Officer and director James Ming Hom received a grant of 400,000 restricted stock units of Class A Common Stock on 2026-07-31 under the company’s 2022 Incentive Award Plan. These RSUs vest in 36 equal monthly installments and carry a reported price of $0.00 per unit. Following this grant, Hom directly holds 1,143,521 shares of Class A Common Stock.
Positive
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Insider Trade Summary
Net Buyer: 400,000 shares
Net Buy
1 txn
Insider
HOM JAMES MING
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 400,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 1,143,521 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted stock units under the SoundHound AI, Inc. 2022 Incentive Award Plan. These restricted stock units vest in 36 equal monthly installments.
Key Figures
RSU grant size: 400,000 shares
Post-transaction holdings: 1,143,521 shares
Vesting schedule: 36 monthly installments
+1 more
4 metrics
RSU grant size
400,000 shares
Restricted stock units of Class A Common Stock granted on 2026-07-31
Post-transaction holdings
1,143,521 shares
Class A Common Stock directly owned after the reported grant
Vesting schedule
36 monthly installments
Restricted stock units vest in 36 equal monthly installments
Transaction price per share
$0.00
Reported price per share for the restricted stock unit grant
Key Terms
restricted stock units, 2022 Incentive Award Plan, vesting
3 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
"under the SoundHound AI, Inc. 2022 Incentive Award Plan. These restricted stock units vest in 36 equal"
vesting financial
"These restricted stock units vest in 36 equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SOUN report for James Ming Hom?
SoundHound AI (SOUN) reported that Chief Product Officer James Ming Hom received 400,000 restricted stock units of Class A Common Stock. The award was granted on 2026-07-31 under the company’s 2022 Incentive Award Plan as equity-based compensation.
What are the vesting terms of the 400,000 RSUs granted at SOUN?
The 400,000 restricted stock units awarded to James Ming Hom vest in 36 equal monthly installments. This means the units convert into shares over approximately three years, following the schedule specified under the 2022 Incentive Award Plan.
Was there a purchase price for the SOUN RSU grant to James Ming Hom?
The RSU grant to James Ming Hom has a reported price of $0.00 per unit. As is typical for restricted stock units, the award represents equity-based compensation rather than a market purchase of SoundHound AI Class A Common Stock.
What role does James Ming Hom hold at SOUN in connection with this equity grant?
James Ming Hom serves as Chief Product Officer and a director of SoundHound AI. The reported grant of 400,000 restricted stock units of Class A Common Stock was made to him in his capacity as a senior executive and board member.