SoundHound AI COO Michael Zagorsek Sells 71,113 Shares

What Happened

Michael Zagorsek, Chief Operating Officer of SoundHound AI (SOUN), disposed of 71,113 shares on September 15, 2026 in an open-market/private sale at $6.33 per share, generating proceeds of approximately $450,046. The filing notes the sale was made to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-09-15
• Price: $6.33 per share; Total proceeds: ~$450,046
• Transaction type/code: Sale (S); reported as an open market or private sale
• Footnote: Sale made to satisfy tax withholding for RSUs granted Aug 3, 2023; Aug 1, 2024; Jul 31, 2025; and Jul 30, 2026 (footnote F1) — i.e., tax-withholding disposition (code F)
• Shares owned after transaction: Not specified in the provided filing
• Filing date: 2026-09-17 (reporting period 2026-09-15) — appears timely; no late filing indicated

Context

This was a sale to cover tax obligations from vested RSUs, a routine corporate insider transaction often driven by tax mechanics rather than a change in sentiment. Such withholding sales are common and do not necessarily signal management’s view on the company’s prospects. Purchases by insiders tend to be more directly informative about insider confidence.