Summary by Futu AI
On December 20, 2024, Majid Emami, VP of Engineering at SoundHound AI, executed a significant stock transaction. Emami sold 37,459 shares of Class A Common Stock in an open market or private sale at an average price of $20.3042 per share.The total value of the disposed shares amounted to approximately $760,575. Following this transaction, Emami's direct ownership in SoundHound AI decreased to 698,226 shares. This sale represents a reduction in the executive's stake in the company.The transaction was reported as completed, indicating that all regulatory requirements for the stock sale have been met. This insider activity may be of interest to investors monitoring executive confidence and ownership levels in SoundHound AI.