SHARAN NITESH 4

What Happened
Sharan Nitesh, Chief Financial Officer of SoundHound AI (SOUN), sold 44,027 shares on March 20, 2026, at $6.79 per share for total proceeds of approximately $298,957. The filing reports the sale as an open-market or private sale and is coded as a sale (S).

Key Details

• Transaction date: 2026-03-20; Price: $6.79 per share; Shares sold: 44,027; Proceeds ≈ $298,957.
• Sale purpose (footnote): The shares were sold to satisfy tax withholding obligations related to the vesting of restricted stock units granted on Aug 3, 2023; Aug 1, 2024; and Jul 31, 2025.
• Shares owned after the transaction: Not specified in the reported summary.
• Filing date: 2026-03-24 — filed within the SEC two-business-day window for a 2026-03-20 trade (timely).
• No 10b5-1 plan or other trading arrangement is noted in the filing.

Context
This was a routine sale to cover tax withholding on vested RSUs rather than a discretionary market-timing sale; such withholding sales are common and typically do not signal a change in insider sentiment. For retail investors, purchases are generally more informative about insider conviction than routine withholding sales.