EMAMI MAJID 4

What Happened Majid Emami, a 10% owner of SoundHound AI (SOUN), sold 31,019 shares in an open-market or private sale on March 20, 2026 at $6.79 per share, generating proceeds of $210,628. The filing indicates the shares were disposed to satisfy tax-withholding obligations tied to vested restricted stock units (RSUs). This is a sale (routine tax-related disposition), not a buy signal.

Key Details

• Transaction date and price: 2026-03-20, 31,019 shares at $6.79 each (total $210,628).
• Purpose: Sale performed to satisfy tax withholding on RSUs (footnote references grants on 8/4/2022, 8/3/2023, 8/1/2024 and 7/31/2025).
• Shares owned after transaction: Not specified in the provided filing details.
• Filing date: Form 4 filed 2026-03-24 — appears to be within the two business-day reporting window (timely).
• Transaction type/code: Sale to satisfy tax withholding (commonly reported as tax-withholding disposition).

Context Sales made to cover tax withholding for RSU vesting are common and generally considered administrative rather than a direct indicator of the insider’s view on the company. As a 10% owner, Emami is a significant shareholder; this single tax-related sale should be weighed alongside other insider trades and company developments for investment decisions.