The simultaneous open-market sales by two C-suite executives without 10b5-1 plans suggest potential caution about near-term valuation or upcoming news. Monitor for any material developments (earnings, guidance, or product announcements) that may have prompted this cluster.
Price Chart
Executive Summary
Two C-suite insiders at SoundHound AI sold a combined $695K in open-market sales on September 15, 2026, with no indication of 10b5-1 plans. The sales represent ~0.21% of the company's $326M market cap, a modest but notable cluster from the Chief Product Officer and Chief Operating Officer.
Key Financial Metrics
Key Facts
- Chief Product Officer James Ming Hom sold 38,700 shares for $245K at $6.33.
- Chief Operating Officer Michael Zagorsek sold 71,100 shares for $450K at $6.33.
- Total insider sales of $695K represent ~0.21% of market cap.
- No 10b5-1 plan indicated; sales are open-market (code S) and clustered on the same day.
Financial Impact
Insider sales of $695K, or ~0.21% of market cap, are modest in absolute terms but notable as a same-day C-suite cluster.
Risk Factors
- Insider sales may be liquidity-driven despite no plan indication; cluster size is below 0.5% of market cap.
- Historical SOUN reports show high volatility and mixed predictive accuracy for insider signals.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SOUN-1789680195974 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Press Release | $4.43 | awaiting T+20 | — | $4.37 (−1.35%) |
Sep 21, 2026 5w ago | Insider Cluster | $6.12 $4.70 | ▲ +23.20% | ▲ +22.64% | $4.37 (+28.59%) |
Sep 17, 2026 5w ago | Insider Cluster | $5.93 $4.72 | ▲ +20.40% | ▲ +20.61% | $4.37 (+26.31%) |
Sep 9, 2026 6w ago | 3 | $6.28 $5.52 | ▼ −12.10% | ▼ −14.23% | $4.37 (−30.41%) |
Sep 4, 2026 7w ago | 8-K | $6.74 $5.88 | ▼ −12.76% | ▼ −13.36% | $4.37 (−35.16%) |
Sep 4, 2026 7w ago | Press Release | $6.74 $5.88 | ▼ −12.76% | ▼ −13.36% | $4.37 (−35.16%) |
Jul 24, 2026 13w ago | 425 | $6.16 $7.32 | ▲ +18.83% | ▲ +15.21% | $4.37 (−29.06%) |
Jul 24, 2026 13w ago | 8-K | $6.16 $7.32 | ▲ +18.83% | ▲ +15.21% | $4.37 (−29.06%) |
Jul 10, 2026 15w ago | EFFECT | $6.64 $8.02 | ▲ +20.78% | ▲ +18.36% | $4.37 (−34.19%) |
Jul 2, 2026 16w ago | S-4/A | $6.55 $6.14 | ▼ −6.26% | ▼ −5.84% | $4.37 (−33.28%) |
US Market Status
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