Summary by Moomoo AI
Keyvan Mohajer, a Director, Officer, and 10% stockholder of SoundHound AI, plans to sell 465,394 shares of common stock on 12/09/2024. The aggregate market value of the shares to be sold is $6,985,563.94. These shares were acquired on the same date through the exercise of stock options, with cash payment made to the issuer.Over the past three months, Mohajer has sold a total of 522,226 shares, generating gross proceeds of $6,287,452.78. This includes sales of 368,041 shares on 12/06/2024 for $5,520,946.24, 63,544 shares on 09/23/2024 for $312,395.13, and 90,641 shares on 09/20/2024 for $454,111.41.The notice for this transaction was filed on 12/09/2024, with the plan adoption or instruction given on 08/30/2024. This sale represents a significant transaction for a key insider of SoundHound AI, potentially impacting investor sentiment and stock performance.
