Summary by Moomoo AI
On December 23, 2024, Marcus Lawrence, an insider at SoundHound AI, executed a significant stock transaction. Lawrence sold 20,000 shares of Class A Common Stock at an average price of $20.4718 per share, resulting in a total transaction value of approximately $409,436.The shares were disposed of through an indirect ownership, specifically the Marcus Family Trust, Dated 7/8/04. Following this transaction, Lawrence's indirect beneficial ownership decreased to 108,117 shares of SoundHound AI. The sale was conducted as an open market or private transaction, as indicated by the transaction code 'S'.This insider sell comes at a time when SoundHound AI's stock has shown significant value, with the sale price reflecting current market conditions. The transaction has been completed, potentially signaling the insider's personal financial decisions or views on the company's near-term prospects.