Summary by Moomoo AI
On December 12, 2024, Marcus Lawrence, an insider at SoundHound AI, executed a significant stock transaction. Lawrence sold 25,000 shares of Class A Common Stock at a price of $14.00 per share, resulting in a total transaction value of $350,000.The shares were indirectly held through the Marcus Family Trust, dated July 8, 2004. Following this transaction, Lawrence's beneficial ownership in SoundHound AI decreased to 128,117 shares. The sale was conducted as an open market or private transaction, as indicated by the transaction code 'S'.This insider sale may be of interest to investors monitoring executive trading patterns at SoundHound AI. The transaction has been completed, providing a clear snapshot of the change in Lawrence's stock position in the company.
