Summary by Futu AI
Eric R. Ball, associated with SoundHound AI, Inc. [SOUN], completed a series of stock transactions between July 18, 2024, and August 1, 2024. On July 18, Ball disposed of 121,506 shares of Class A Common Stock at no cost, which was reported as a bona fide gift. Following this disposal, he held 138,382 shares directly. On the same date, he also acquired 121,506 shares indirectly, with the nature of indirect ownership noted as 'See footnote.' After the acquisition, Ball's indirect holdings totaled 571,756 shares. Subsequently, on August 1, 2024, Ball acquired an additional 2,525 shares directly, also at no cost, under a transaction classified as a grant, award, or other acquisition, bringing his direct holdings to 140,907 shares. All transactions were completed with the transaction currency being USD and the shares involved were Class A Common Stock.