Form 4: C3.ai CEO Thomas Siebel Executes Stock Transactions
SEC Form 4 Filing
Thomas Siebel, CEO of C3.ai, reports stock transactions including the vesting and disposal of shares, as well as adjustments to holdings in various trusts and partnerships.
Summary
- On February 1, 2025, Thomas Siebel, CEO of C3.ai, executed multiple transactions involving Class A Common Stock.
- 53,125 shares were acquired through the vesting of Restricted Stock Units (RSUs).
- 26,977 shares were disposed of at a price of $31.35.
- 26,148 shares were also disposed of at $0.
- Following these transactions, Siebel directly owns 1,782,538 shares and indirectly owns 5,002,227 shares through The Siebel Living Trust, 9,216 shares through First Virtual Holdings, LLC, 170,924 shares through Siebel Asset Management, L.P., 72,695 shares through Siebel Asset Management III, L.P., and 1,237,115 shares through The Siebel 2011 Irrevocable Children's Trust.
- 265,625 Restricted Stock Units are still held.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment. It simply reports transactions without expressing any positive or negative outlook.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
Comparison to Industry Standards
- Executive compensation packages often include stock options and restricted stock units (RSUs) to align management's interests with those of shareholders.
- The vesting schedule of the RSUs (6.25% quarterly) is a typical vesting arrangement.
- Similar to other tech companies, C3.ai uses equity-based compensation to attract and retain talent.
- Comparing Siebel's transactions to those of executives at companies like Palantir (PLTR) or Snowflake (SNOW) would provide a broader context of insider trading activity in the AI and data analytics space.
Stakeholder Impact
- Shareholders may be interested in insider trading activity as it can provide insights into management's view of the company's prospects.
- The transactions themselves are unlikely to have a significant impact on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 07/27/1993 | Date of The Siebel Living Trust u/a/d |
| 08/01/2022 | Initial vesting date of 6.25% of each RSU award |
| 02/01/2025 | Date of stock transactions: RSU vesting and stock disposal |
| 02/03/2025 | Date of stock disposal at $0 |
| 02/04/2025 | Date of signature by Attorney-in-Fact |
Keywords
C3.ai, Thomas Siebel, AI, Class A Common Stock, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, SEC
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