Form 4: SoundHound AI VP Majid Emami Sells Shares to Cover Tax Obligations
Form 4 Filing
Majid Emami, VP of Engineering at SoundHound AI, sold 28,392 shares of Class A Common Stock on March 20, 2025, to satisfy tax withholding obligations related to vesting restricted stock units.
Summary
- On March 20, 2025, Majid Emami, VP of Engineering at SoundHound AI, sold 28,392 shares of Class A Common Stock.
- The sale was executed at a price of $9.9018 per share.
- The transaction was intended to cover tax withholding obligations associated with the vesting of restricted stock units.
- These restricted stock units were granted on August 4, 2022, September 7, 2022, August 3, 2023, and August 1, 2024.
- Following the transaction, Emami directly owns 669,834 shares of SoundHound AI.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is related to tax obligations and doesn't indicate a change in the executive's outlook on the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2022-05-05 | Date of the Limited Power of Attorney for reporting under Section 16(a) of the Securities Exchange Act of 1934, as amended. |
| 2022-08-04 | One of the grant dates for the restricted stock units that triggered the tax obligation. |
| 2022-09-07 | One of the grant dates for the restricted stock units that triggered the tax obligation. |
| 2023-08-03 | One of the grant dates for the restricted stock units that triggered the tax obligation. |
| 2024-08-01 | One of the grant dates for the restricted stock units that triggered the tax obligation. |
| 2025-03-20 | Date of the stock sale transaction. |
| 2025-03-24 | Date of the Form 4 filing. |
Keywords
Form 4, SoundHound AI, SOUN, Majid Emami, Stock Sale, Insider Trading, Restricted Stock Units, Tax Withholding
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