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

What Happened
Emami Majid, reported as a 10% owner of SoundHound AI (SOUN), sold 38,730 shares in an open-market transaction on 2026-09-15 at $6.33 per share, generating proceeds of approximately $245,107. The filing indicates the sale was to satisfy tax withholding obligations related to restricted stock unit (RSU) vestings.

Key Details

• Transaction date: 2026-09-15; Filing date (Form 4): 2026-09-17 (timely filing).
• Transaction type/code: Sale (S) — open market or private sale.
• Shares sold: 38,730 at $6.33 each; gross proceeds ≈ $245,107.
• Reason noted: Footnote F1 — sale to satisfy tax withholding from RSUs granted on 8/3/2023, 8/1/2024, 7/31/2025, and 7/30/2026.
• Shares owned after transaction: Not specified in the provided filing details.
• Insider status: Emami Majid is reported as a 10% owner (not necessarily an officer or director).

Context
This sale was executed specifically to cover tax withholding tied to vested RSUs, a common and routine reason for insider sales that does not by itself indicate a change in view on the company. For retail investors, purchases typically carry more direct signal than tax-motivated sales; note this was a transaction by a significant owner rather than an executive-initiated purchase.