Form 4: SoundHound AI Director Files Future Stock Sale Under Pre-Arranged 10b5-1 Plan

SoundHound AI Director Diana Sroka has filed a Form 4 indicating a future sale of 2,800 shares of Class A Common Stock on June 24, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Diana Sroka, a Director of SoundHound AI, Inc. (SOUN), has reported a planned disposition of 2,800 shares of Class A Common Stock.
• The transaction is scheduled to occur on June 24, 2025.
• The shares are to be sold at a weighted-average price of $9.9421 per share, with individual trades expected to range from $9.68 to $10.18.
• This sale is being conducted pursuant to a Rule 10b5-1 trading plan that Ms. Sroka adopted in August 2024.
• Following this future transaction, Ms. Sroka is expected to directly own 153,949 shares of SoundHound AI Class A Common Stock.

Sentiment

Score: 5

Explanation: The sale of shares by a director was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a scheduled transaction rather than a discretionary one based on immediate market sentiment. This makes the transaction largely neutral in terms of its implications for the company's outlook.

Negatives

• Director Diana Sroka is disposing of 2,800 shares of Class A Common Stock, which reduces her direct ownership in the company.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction, focusing solely on an insider's planned stock transaction.

Industry Context

This filing is a routine insider transaction report specific to SoundHound AI, Inc. and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, though mitigated by the pre-arranged nature of the 10b5-1 plan, which suggests the sale is not based on new, adverse information.

Next Steps

• The reporting person undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.

Key Dates

Keywords

SoundHound AI, SOUN, Form 4, Insider Trading, Stock Sale, Director, Diana Sroka, 10b5-1 Plan, Beneficial Ownership