share_log

4: Statement of changes in beneficial ownership of securities-Officer STONEHOCKER TIMOTHY

SEC ·  Dec 27, 2024 06:38

Summary by Futu AI

On December 20, 2024, Timothy Stonehocker, Chief Technology Officer of SoundHound AI, executed a significant stock transaction. Stonehocker sold 34,407 shares of Class A Common Stock in an open market sale at an average price of $20.3042 per share.The total value of the disposed shares amounted to approximately $698,607. Following this transaction, Stonehocker's direct ownership in SoundHound AI stands at 796,581 shares. This sale represents a reduction in the CTO's holdings but still leaves him with a substantial stake in the company.The transaction was reported as completed, indicating that all regulatory requirements for the sale have been met. This insider sell by a key executive may be of interest to investors monitoring insider trading patterns and executive confidence in SoundHound AI's future prospects.
On December 20, 2024, Timothy Stonehocker, Chief Technology Officer of SoundHound AI, executed a significant stock transaction. Stonehocker sold 34,407 shares of Class A Common Stock in an open market sale at an average price of $20.3042 per share.The total value of the disposed shares amounted to approximately $698,607. Following this transaction, Stonehocker's direct ownership in SoundHound AI stands at 796,581 shares. This sale represents a reduction in the CTO's holdings but still leaves him with a substantial stake in the company.The transaction was reported as completed, indicating that all regulatory requirements for the sale have been met. This insider sell by a key executive may be of interest to investors monitoring insider trading patterns and executive confidence in SoundHound AI's future prospects.

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