Summary by Futu AI
On 12/04/2024, James Ming Hom, Chief Product Officer of SoundHound AI, completed a transaction involving the sale of 53,891 shares of Class A Common Stock. The shares were sold at a price of $10.00 each, resulting in a total transaction value of approximately $538,910.This transaction was conducted as an open market or private sale, and it was completed on the same day. Following this sale, James Ming Hom holds 813,193 shares directly. The transaction reflects a strategic decision by the executive, impacting his direct ownership stake in the company. Investors may consider this transaction as part of their assessment of SoundHound AI's stock performance and executive actions.