Form 4: SoundHound AI CEO Sells Shares Under 10b5-1 Plan

SoundHound AI CEO Keyvan Mohajer sold 118,654 shares of Class A Common Stock for approximately $2.37 million under a pre-arranged 10b5-1 trading plan.

Summary

• Keyvan Mohajer, CEO, Director, and 10% Owner of SoundHound AI, Inc. (SOUN), reported the sale of shares.
• The transaction involved the disposition of 118,654 shares of Class A Common Stock.
• The sale occurred on October 8, 2025, at a weighted-average price of $20.0024 per share.
• The total proceeds from this sale amount to approximately $2,373,376.
• This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Mohajer in May 2025.
• Following this transaction, Mohajer directly beneficially owns 2,342,613 shares of Class A Common Stock.

Sentiment

Score: 4

Explanation: The sale of shares by a key insider, even under a pre-arranged 10b5-1 plan, can be perceived as a slight negative signal regarding future prospects or valuation, though the pre-scheduled nature mitigates immediate concerns about opportunistic selling.

Negatives

• Keyvan Mohajer, CEO, Director, and 10% Owner, reduced his direct beneficial ownership in SoundHound AI, Inc. by 118,654 shares.
• The transaction resulted in a decrease of approximately $2,373,376 in the CEO's direct equity holdings.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A reduction in insider ownership, even if pre-planned, might be interpreted by some as a lack of confidence, potentially influencing investor sentiment.

Key Dates

Keywords

SoundHound AI, SOUN, Keyvan Mohajer, Insider Sale, 10b5-1 Plan, CEO, Director, 10% Owner, Stock Transaction