Overview

• Regulatory filings show six senior SoundHound executives sold shares between September 22 and 24 worth more than $8 million.
• The sellers included CEO Keyvan Mohajer and CFO Nitesh Sharan, with disclosed proceeds of about $2.2 million and $2.09 million.
• Shares fell 8.04% on Thursday to close at $16.35.
• Earlier in the week the company announced a Red Lobster rollout of its AI phone-ordering agent across all locations.
• SoundHound says the system answers every call, handles multiple lines, is trained on the full menu, and routes orders directly to the point-of-sale system.