SoundHound AI (NASDAQ: SOUN) CFO sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOUNDHOUND AI, INC. Chief Financial Officer Nitesh Sharan reported an open-market sale of 44,027 shares of Class A Common Stock at an average price of $6.7903 per share on March 20, 2026. According to the footnote, this sale was made to satisfy tax withholding obligations tied to the vesting of restricted stock units granted on August 3, 2023, August 1, 2024 and July 31, 2025. After the transaction, Sharan directly held 1,661,121 shares, indicating the sale represents a small, tax-related portion of his overall position rather than a large discretionary reduction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 44,027 shares ($298,957)
Net Sell
1 txn
Insider
SHARAN NITESH
Role
Chief Financial Officer
Sold
44,027 shs ($299K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 44,027 | $6.7903 | $299K |
Holdings After Transaction:
Class A Common Stock — 1,661,121 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SOUNDHOUND AI (SOUN) report for its CFO?
SOUNDHOUND AI CFO Nitesh Sharan reported selling 44,027 Class A shares. The shares were sold at an average price of $6.7903 per share on March 20, 2026, in connection with tax obligations from vesting restricted stock units.
Does the SOUNDHOUND AI CFO sale indicate a change in his overall stake?
The sale represents only a small portion of the CFO’s 1,661,121-share stake. Because the transaction was executed to cover tax withholding on vesting RSUs, it appears as a routine, compensation-related event rather than a large strategic reduction in ownership.