SoundHound AI chief financial officer Nitesh Sharan sold 111,111 shares for $1.04 million on Jun 20, 2025
SoundHound AI chief financial officer Nitesh Sharan sold 111,111 shares of Class A common stock at an average price of $9.3559 a share, for $1.04 million, on Jun 20, 2025, according to a Form 4, the form an insider files when trading the company's shares. Footnotes say both sales were made to satisfy tax withholding obligations, one on the vesting of performance stock units and the other on restricted stock units. After the last sale line the form states 1,442,900 Class A shares held directly, and it also lists a grant or award line of 100,000 shares that day, which a footnote describes as shares issued when performance stock units vested. The Form 4 was filed on Jun 24, 2025 and is on the SEC's EDGAR database.1,2,3,4,5,6,7,8,9,10,11,12
How each figure was checked
- the reporting owner as the dossier names the personSharan Nitesh (filed as SHARAN NITESH)
- the role the form givesofficer (Chief Financial Officer)
- shares sold on the form111,111
- shares the form states after the last sale line, and their classafter the last sale line the form states 1442900.00 shares of Class A Common Stock held directly
- average price of the sale lines$9.36
- value of the sale lines$1.04 million
- date of the tradesJun 20, 2025
- footnote F2, on the first sale linesale made to satisfy tax withholding obligationsFootnotes of the Form 4 filed Jun 24, 2025 ↗
- footnote F3, on the second sale linesale made to satisfy tax withholding obligationsFootnotes of the Form 4 filed Jun 24, 2025 ↗
- the grant or award line of the formgrant or award (code A): 100,000 shares acquired on Jun 20, 2025 at $0.00 per share; held directly; 1,554,011 owned after the line
- footnote F1, on the grant or award lineshares issued on the vesting of performance stock unitsFootnotes of the Form 4 filed Jun 24, 2025 ↗
- the day the form was filedJun 24, 2025
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The record
- Issuer
- SoundHound AI (CIK 1840856, filed as SOUNDHOUND AI, INC.)
- Form
- 4
- Accession
- 0001562180-25-005033
- Filed
- Jun 24, 2025
- Period of report
- Jun 20, 2025
- Reporting owner
- Nitesh Sharan (CIK 1917992, filed as SHARAN NITESH)
- Relationship
- officer (Chief Financial Officer)
- Rule 10b5-1 checkbox
- Not ticked
- Line 1
- A (grant or award) · 100,000 Class A Common Stock at $0.00 · Jun 20, 2025 · acquired, directly · 1,554,011 held after · footnote F1
- Line 2
- S (sale) · 48,483 Class A Common Stock at $9.3559 · Jun 20, 2025 · disposed, directly · 1,505,528 held after · footnote F2
- Line 3
- S (sale) · 62,628 Class A Common Stock at $9.3559 · Jun 20, 2025 · disposed, directly · 1,442,900 held after · footnote F3
- Footnote F1
- Represents the number of shares of common stock issued upon the vesting of certain Performance Stock Units ("PSUs") originally granted on July 20, 2022, the vesting of which was subject to the achievement of certain performance criteria. A portion of the PSUs has vested as a result of the achievement of the applicable performance criteria.
- Footnote F2
- The sale reported herein was made to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units granted to the reporting person on July 20, 2022.
- Footnote F3
- The sale reported herein was made to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person on July 20, 2022, September 7, 2022, August 3, 2023 and August 1, 2024.
Insider purchases and sales of SoundHound AI shares, 12 months
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