Summary by Futu AI
Michael Zagorsek, an officer of SoundHound AI, is set to sell 60,796 shares of common stock on 12/20/2024. The transaction, valued at $1,146,308.58, involves Restricted Stock Units acquired from the issuer on the same date.This sale is part of a larger pattern of stock disposals by Zagorsek. Over the past three months, he has sold a total of 416,719 shares, generating gross proceeds of $8,352,815.32. Previous transactions include the sale of 138,906 shares on 12/16/2024 for $2,448,773.87, and 277,813 shares on 12/20/2024 for $5,904,041.45.The consistent selling activity by a company officer may be of interest to investors monitoring insider transactions. However, it's important to note that these sales are often pre-planned and may not necessarily reflect the officer's view on the company's future performance.