Summary by Futu AI
SoundHound AI Director Eric R. Ball plans to sell 20,000 shares of Class A Common stock on 11/22/2024. The shares, acquired through an open market purchase on 05/20/2022, have an aggregate market value of approximately $168,400.The transaction is set to occur on the open market, with the shares originally purchased for cash. This sale marks the first reported transaction by Ball in the past three months, as no other sales have been recorded during this period.Investors should note the planned sale date and the potential impact on SoundHound AI's stock price, given the director's significant position within the company.