HOM JAMES MING 4
Research Summary
AI-generated summary
SoundHound AI (SOUN) CPO James Ming Hom Sells 28,843 Shares
What Happened
James Ming Hom, Chief Product Officer and a director at SoundHound AI (SOUN), reported an open-market sale of 28,843 shares on June 15, 2026. The shares were sold at $7.46 each for gross proceeds of $215,105. This was a sale (not a buy) and is described in the filing as done to satisfy tax withholding obligations tied to vested restricted stock units.
Key Details
- Transaction date and price: 2026-06-15 — 28,843 shares sold at $7.46 per share (total ~$215,105).
- Reason/footnote: Sale made to satisfy tax withholding on RSUs granted Aug 4, 2022; Aug 3, 2023; Aug 1, 2024; and July 31, 2025. (Footnote F1)
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Report filed on 2026-06-17 (within the typical two-business-day Form 4 reporting window) — appears timely.
Context
- This was a tax-withholding sale tied to RSU vesting, which is a common, routine insider transaction and not necessarily a signal about the executive's view of the company.
- For retail investors, purchases generally carry more weight as a bullish signal; routine sales to cover taxes are common and often neutral in interpretation.