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SOUNDHOUND AI, INC.·4

Jun 17, 7:54 PM ET

EMAMI MAJID 4

Research Summary

AI-generated summary

Updated

SoundHound AI (SOUN) 10% Owner Majid Emami Sells 28,843 Shares

What Happened

Majid Emami, a reported 10% owner of SoundHound AI (SOUN), sold 28,843 shares in an open-market or private sale on June 15, 2026, at $7.46 per share, generating proceeds of $215,105. This was a sale (not a purchase), and the filing indicates the disposal was to satisfy tax withholding tied to vested restricted stock units rather than a discretionary investment decision.

Key Details

  • Transaction date and price: 2026-06-15, sale at $7.46 per share.
  • Shares sold/total value: 28,843 shares sold for $215,105.
  • Transaction code: S (sale); footnote indicates tax withholding (F1).
  • Reason (footnote): Sale made to satisfy tax withholding obligations for RSUs granted on Aug 4, 2022; Aug 3, 2023; Aug 1, 2024; and Jul 31, 2025.
  • Shares owned after transaction: Not specified in the filing.
  • Filing timeliness: Report filed 2026-06-17 for a 2026-06-15 transaction — within the typical 2-business-day Form 4 reporting window (timely).

Context

This sale appears to be a routine withholding-related disposal tied to RSU vesting rather than an outright investment sell signal. For retail investors, purchases by insiders are generally more informative about bullish sentiment; withholding sales to cover taxes are common and do not necessarily reflect a change in insider confidence.