Summary by Futu AI
Lawrence Marcus, associated with SoundHound AI, Inc. [SOUN], engaged in two separate stock transactions recently. On June 12, 2024, Marcus was granted 33,336 shares of Class A Common Stock at no cost, which is currently an in-progress transaction. Following this grant, Marcus's direct holdings in SoundHound AI increased to 121,513 shares. In a separate completed transaction, the Marcus Family Trust sold 50,000 shares of Class A Common Stock on June 10, 2024, at a price of $4.8101 per share, totaling $240,505 in market value. After this sale, the indirect holdings through the trust amounted to 208,117 shares.