SoundHound AI (NASDAQ: SOUN) CEO sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOUNDHOUND AI, INC. CEO and director Keyvan Mohajer reported an open-market sale of 126,540 shares of Class A common stock at an average price of $7.4578 per share.
According to the footnote, this sale was made to satisfy tax withholding obligations tied to previously granted restricted stock units. After the transaction, Mohajer directly holds 1,947,237 shares, indicating he retains a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 126,540 shares ($943,710)
Net Sell
1 txn
Insider
MOHAJER KEYVAN
Role
CEO
Sold
126,540 shs ($944K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 126,540 | $7.4578 | $944K |
Holdings After Transaction:
Class A Common Stock — 1,947,237 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 126,540 shares
Sale price: $7.4578 per share
Shares held after sale: 1,947,237 shares
+1 more
4 metrics
Shares sold
126,540 shares
Open-market sale on June 15, 2026
Sale price
$7.4578 per share
Average price for the reported sale
Shares held after sale
1,947,237 shares
Direct holdings following the transaction
Net shares sold
126,540 shares
Net selling activity in this Form 4
Key Terms
open-market sale, restricted stock units, tax withholding obligations
3 terms
open-market sale financial
"reported an open-market sale of 126,540 shares of Class A common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"in connection with the vesting of shares of restricted stock units granted"
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.
tax withholding obligations financial
"The sale reported herein was made to satisfy tax withholding obligations in connection"
FAQ
What did SOUNDHOUND AI (SOUN) disclose in this Form 4 filing?
SOUNDHOUND AI reported that CEO Keyvan Mohajer sold 126,540 shares of Class A common stock at $7.4578 per share. The filing shows this was an open-market transaction primarily to cover tax withholding obligations from vesting restricted stock units.
Is the SOUNDHOUND AI (SOUN) CEO’s sale part of equity compensation vesting?
Yes. The footnote explains the sale covered tax withholding obligations from vesting restricted stock units granted on July 20, 2022, August 3, 2023, August 1, 2024 and July 31, 2025. Such sales commonly accompany equity awards settling into shares.