SoundHound AI (NASDAQ: SOUN) CEO receives 1,500,000 RSUs, 375,000 PSUs
Rhea-AI Filing Summary
MOHAJER KEYVAN reported acquisition or exercise transactions in this Form 4 filing.
SoundHound AI CEO, director, and 10% owner Keyvan Mohajer reported equity awards tied to Class A Common Stock. He received 1,500,000 restricted stock units under the 2022 Incentive Award Plan, vesting in 36 equal monthly installments, and 375,000 performance stock units that vest only if stock-price targets are met during a performance window ending July 31, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,875,000 shares
Net Buy
2 txns
Insider
MOHAJER KEYVAN
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 1,500,000 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F2 | 375,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 3,822,237 shares (Direct)
Footnotes (2)
- 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.
- F2. Represents a grant of Performance Stock Units ("PSUs") under the SoundHound AI, Inc. 2022 Incentive Award Plan. Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs will satisfy the performance-based vesting condition if the closing sales price of the Company's Common Stock reaches certain levels during the performance window ending July 31, 2029.
Key Figures
RSUs granted: 1,500,000 shares
PSUs granted: 375,000 shares
RSU vesting period: 36 months
+1 more
4 metrics
RSUs granted
1,500,000 shares
Restricted stock units granted to CEO on 2026-07-31; vest in 36 equal monthly installments
PSUs granted
375,000 shares
Performance Stock Units granted to CEO on 2026-07-31, each for one share of Class A Common Stock
RSU vesting period
36 months
RSUs vest in 36 equal monthly installments under the 2022 Incentive Award Plan
PSU performance window end date
July 31, 2029
End of the performance window for PSU stock-price targets
Key Terms
restricted stock units, Performance Stock Units, 2022 Incentive Award Plan, performance-based vesting condition, +1 more
5 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.
Performance Stock Units financial
"Represents a grant of Performance Stock Units ("PSUs") under the SoundHound AI, Inc. 2022 Incentive Award Plan."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
2022 Incentive Award Plan financial
"under the SoundHound AI, Inc. 2022 Incentive Award Plan."
performance-based vesting condition financial
"The PSUs will satisfy the performance-based vesting condition if the closing sales price of the Company's Common Stock reaches certain levels."
contingent right financial
"Each PSU represents a contingent right to receive one share of Class A Common Stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did SOUNDHOUND AI (SOUN) CEO Keyvan Mohajer report?
Keyvan Mohajer reported 1,500,000 restricted stock units and 375,000 performance stock units, both linked to Class A Common Stock under SoundHound AI’s 2022 Incentive Award Plan, granted as of July 31, 2026.
How do the RSUs granted to SOUN’s CEO vest?
The grant of 1,500,000 restricted stock units to SoundHound AI’s CEO vests in 36 equal monthly installments. This structure spreads delivery of the shares over three years, aligning the award with continued service during that period.
What conditions apply to the PSUs granted to SoundHound AI (SOUN) CEO?
The 375,000 performance stock units vest only if specified stock-price targets are reached during a performance window ending July 31, 2029. Each PSU represents a contingent right to receive one share of Class A Common Stock upon satisfying these conditions.
Under which plan were the new SOUN CEO equity awards granted?
Both the restricted stock units and performance stock units for SoundHound AI’s CEO were granted under the company’s 2022 Incentive Award Plan, which governs the terms, vesting schedules, and performance conditions of these stock-based compensation awards.
Were the reported SOUN CEO transactions market purchases or compensation grants?
The reported transactions are grant or award acquisitions, not open-market purchases or sales. They consist of restricted stock units and performance stock units awarded as equity compensation, each with specified vesting and performance conditions tied to Class A Common Stock.