Ball Eric R. 4
Research Summary
AI-generated summary
SoundHound AI (SOUN) Director Eric Ball Receives RSU Award
What Happened Eric Ball, a director of SoundHound AI, received a grant of 20,694 restricted stock units (RSUs) on May 22, 2026. The Form 4 reports the award as 20,694 shares at $0.00 (code A — award/grant). This is a grant of equity compensation, not a purchase or sale.
Key Details
- Transaction date: May 22, 2026; Form 4 filed May 27, 2026. (Filed five days after the transaction; appears later than the standard 2-business-day Form 4 window.)
- Transaction type/code: Award/Grant (A).
- Shares awarded: 20,694 RSUs; reported acquisition price: $0.00; reported total value: $0.
- Shares owned after transaction: Not reported on the Form 4.
- Footnote: RSUs were granted under the SoundHound AI, Inc. 2022 Incentive Award Plan and vest in four approximately equal quarterly installments.
Context RSU grants are common components of executive/director compensation and do not represent an immediate cash transaction or open-market buying/selling. The RSUs will convert into shares (or settle per plan terms) as they vest over the stated quarterly schedule; vesting timing affects when the director actually receives stock. The late filing note may be of interest to investors tracking insider reporting timeliness.