HOM JAMES MING 4
Research Summary
AI-generated summary
SoundHound (SOUN) CPO James Hom Sells 31,019 Shares
What Happened
James Ming Hom, Chief Product Officer and Director at SoundHound AI (SOUN), sold 31,019 shares on March 20, 2026 at $6.79 per share, generating proceeds of $210,628. The filing reports this as an open-market or private sale (code S). Such sales are often routine and, in this case, were made to satisfy tax withholding related to vested restricted stock units.
Key Details
- Transaction date and price: 2026-03-20, 31,019 shares at $6.79 each.
- Gross proceeds: $210,628.
- Reason/footnote: Sale made to satisfy tax withholding obligations for RSU vesting from grants on Aug 4, 2022; Aug 3, 2023; Aug 1, 2024; and Jul 31, 2025 (footnote F).
- Filing timeliness: Report filed 2026-03-24 (timely; within the Form 4 reporting window).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
This was a sale to cover tax withholding from vested RSUs (a common, non-speculative reason for insiders to sell shares). For retail investors, routine tax-withholding sales generally do not by themselves signal a change in insider confidence; purchases are typically more indicative of bullish sentiment.