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EdgarHawk

ZAGORSEK MICHAEL

Chief Operating Officer

Officer
6 filings analyzed · 1 company · Latest 2025-12-29

Companies

Company Buys Sells Direction
SOUNDHOUND AI, INC. SOUN 0 15 Net selling

Activity

December 2025
2025-12-29 SOUNDHOUND AI, INC. SOUN
high
Sell
73,406 shares
$827,792
Significance 6/10

COO Zagorsek sells 73.4K SOUN shares at $11.28; stock down 57.0% from 52-week high, now trading 8.7% below sale price.

Zagorsek sold 73,406 shares at $11.28 on 2025-12-22 for $827,792.12, reducing his holdings by 3.9% while retaining 1,787,459 shares. The timing is notable: the sale occurred near a local peak relative to the subsequent 30-day decline of 13.6% and 90-day decline of 35.3%, placing this trade within his prior pattern at this ticker where 3 of 5 sells occurred before further declines. However, the company's fundamentals are stressed—it reported $-109,271,000 net income on $42,049,000 quarterly revenue, leaving it unprofitable despite 84.6% annual revenue growth. At the current price of $10.41, the stock has fallen 57.0% from its 52-week high of $24.23, and the transaction price of $11.28 now appears prescient relative to where the stock trades today. The asymmetry between near-term distribution activity and deteriorating unit economics warrants attention to whether this reflects evolving confidence in execution risk.

September 2025
2025-09-24 SOUNDHOUND AI, INC. SOUN
medium
Sell
69,837 shares
$1,117,504
Significance 5/10

COO Zagorsek sold 69,837 shares of SOUN at $16.00 on 2025-09-22; stock up 46.8% in 30 days.

Michael Zagorsek, Chief Operating Officer, sold 69,837 shares at $16.00, reducing his holdings from 1.93M to 1.86M shares (a -3.6% reduction). The stock has risen 46.8% over the prior 30 days and 79.2% over 90 days, now trading at $17.78 but still -26.6% from its 52-week high of $24.23. Zagorsek's cross-ticker track record shows 75.00% well-timed sells (average 90-day return -16.5%), but his same-ticker history at SOUN is mixed: 3 of 5 prior sells resulted in gains post-transaction (the June 2025 sales saw 90d +67.1%), while 2 sales in late 2024 were followed by declines exceeding -50% at the 90-day mark. Against this backdrop of strong recent momentum and the company's unprofitability ($-74.7M net loss latest quarter despite +84.6% annual revenue growth), the sale warrants attention as a data point in ongoing monitoring of insider activity at this growth-stage, loss-making enterprise.

June 2025
2025-06-24 SOUNDHOUND AI, INC. SOUN
high
Sell
117,180 shares
$1,096,324
Significance 7/10

COO Michael Zagorsek sells 117,180 shares at $9.36 (two transactions, $1.1M); stock now -59.5% from 52-week high.

Michael Zagorsek, Chief Operating Officer of SoundHound AI, executed two separate sales on 2025-06-20 totaling 117,180 shares (117.2K shares) for $1,096,324.36 ($1.1M) at $9.36, reducing his holdings by 8.0% to 1,346,455 shares (1.35M shares). The stock is currently trading at $9.82, down 59.5% from its 52-week high of $24.23, placing the sale near the bottom of the year's range. Zagorsek's prior five trades at SoundHound were all well-timed at the 90-day mark, with negative returns following each sale (ranging from -4.9% to -57.5%), establishing a consistent pattern of selling into weakness. His cross-ticker track record shows 100.00% well-timed sells with an average 90-day return of -44.4%, suggesting disciplined execution around market peaks; this current sale occurs in a depressed valuation window (-59.5% from highs), which contextualizes his continued selling activity despite the stock's already significant decline.

March 2025
2025-03-24 SOUNDHOUND AI, INC. SOUN
high
Sell
52,001 shares
$514,904
Significance 8/10

COO Zagorsek sold 52,001 SOUN shares at $9.90 (3/20/25); stock down -49.1% in 90 days post-trade, continuing 100% well-timed sell pattern at this ticker.

Michael Zagorsek, as COO, sold 52,001 shares at $9.90 on March 20, 2025, reducing his holdings from 1,412,526 to 1,360,525 shares. This sale follows a consistent pattern: across his 5 prior transactions at SOUN, all were well-timed sellers—each followed by significant declines, with 90-day returns ranging from -21.2% to -57.5% post-sale. His cross-ticker sell track record shows a 100.00% well-timed rate with an average 90-day return of -52.2%, indicating sustained accuracy in timing exits before downturns. The company remains unprofitable (net income of $-21.8M on revenue of $25.1M), though revenue growth is strong at +84.6% year-over-year. The stock has fallen -49.1% in the 90 days following this sale, aligning with the insider's demonstrated pattern of selling ahead of material declines.

December 2024
2024-12-26 SOUNDHOUND AI, INC. SOUN
medium
Sell
60,796 shares
$1,234,414
Significance 6/10

COO Michael Zagorsek sold 60,796 shares of SOUN at $20.30 on 2024-12-20; stock now at $24.23 (+18.2% post-transaction).

COO Michael Zagorsek executed a sale of 60,796 shares at $20.30 on 2024-12-20, reducing his holdings from 1,473,322 shares to 1,412,526 shares (a -4.1% reduction). The stock has since appreciated to $24.23, representing an 18.2% gain since his sale date—a poorly-timed exit relative to near-term price action. This sale occurs in a context of intense momentum: the stock is up +218.4% over the past 30 days and +406.9% over the past 90 days, currently trading at its 52-week high of $24.23. However, the company remains unprofitable with full-year net income of $-21,751,000.00 against quarterly revenue of $25,094,000.00, and the COO retains substantial exposure with 1,412,526 shares post-transaction. The sale signal is mixed: while the outsized recent gains and unprofitable status might suggest valuation risk, the poor recent timing and retention of over 1.4M shares complicate any straightforward reading of confidence levels.

2024-12-18 SOUNDHOUND AI, INC. SOUN
high
Sell
416,719 shares
$8,352,815
Significance 7/10

COO Zagorsek sells 416,719 shares (22.0% of holdings) for $8,352,815.32 across 4 sales; stock up 236.7% in 30 days

Michael Zagorsek, Chief Operating Officer at SoundHound AI, executed 4 separate sales totaling 416,719 shares for $8,352,815.32 at prices ranging from $17.63 to $22.50, reducing his holdings by 22.0% to 1,473,322 shares. The timing coincides with extraordinary stock momentum: the company's shares are at their 52-week high of $20.84, having gained 236.7% over 30 days and 316.0% over 90 days. While SoundHound AI shows strong revenue growth of 47.4% year-over-year and a market cap of $363,887,240.00, it remains unprofitable with a net income of $-21,751,000.00 on quarterly revenue of $25,094,000.00. The magnitude of the sale ($8.4M), the reduction in insider stake (22% of prior holdings), and the execution during peak momentum warrant analysis into whether this reflects changes in executive conviction or opportunistic capital deployment amid rapid appreciation.

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