Summary by Futu AI
Seyed Majid Emami, an officer at SoundHound AI, plans to sell 94,067 common shares on 12/02/2024. The shares, acquired as Restricted Stock Units on 09/14/2023, have an aggregate market value of approximately $875,764.In the past 3 months, Emami sold 21,024 common shares on 09/20/2024, generating gross proceeds of $102,587. This upcoming transaction is part of a planned sale, with instructions given on 08/28/2024.Investors should note the significant volume of shares being sold by a company officer, which may impact market perception and stock price. The transaction reflects Emami's strategic financial decisions regarding his holdings in SoundHound AI.