SoundHound AI (NASDAQ: SOUN) CPO sells 31,019 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoundHound AI, Inc. Chief Product Officer James Ming Hom reported an open-market sale of 31,019 shares of Class A common stock at $6.7903 per share. According to the footnote, the sale was made to satisfy tax withholding obligations related to previously granted restricted stock units. Following this transaction, he directly holds 772,364 shares, so the sale represents only a small portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 31,019 shares ($210,628)
Net Sell
1 txn
Insider
HOM JAMES MING
Role
Chief Product Officer
Sold
31,019 shs ($211K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 31,019 | $6.7903 | $211K |
Holdings After Transaction:
Class A Common Stock — 772,364 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SoundHound AI (SOUN) report for James Ming Hom?
SoundHound AI Chief Product Officer James Ming Hom reported selling 31,019 shares of Class A common stock. The shares were sold at $6.7903 each, primarily to cover tax withholding obligations from vested restricted stock units.
What role does James Ming Hom hold at SoundHound AI (SOUN)?
James Ming Hom serves as Chief Product Officer and director at SoundHound AI, Inc. His Form 4 filing shows an insider transaction involving 31,019 shares sold to cover tax withholding tied to multiple restricted stock unit grants.
Were derivative securities involved in this SoundHound AI (SOUN) Form 4 filing?
No derivative security transactions were reported in this Form 4. The filing only shows a non-derivative transaction: the sale of 31,019 shares of Class A common stock to satisfy tax withholding obligations following RSU vesting.