Form 4: C3.ai CEO Thomas Siebel Reports Stock Transactions
SEC Form 4 Filing
Thomas Siebel, CEO of C3.ai, reports the acquisition and disposal of Class A Common Stock, including sales to cover tax obligations from vested Restricted Stock Units (RSUs).
Summary
- Thomas Siebel, the CEO of C3.ai, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On May 1, 2025, 53,125 Class A Common Stock were acquired through the vesting of Restricted Stock Units (RSUs).
- On May 2, 2025, 27,010 Class A Common Stock were disposed of at a weighted-average price of $22.2745 to cover tax obligations.
- On May 5, 2025, 26,115 Class A Common Stock were disposed of as a gift.
- Siebel also indirectly owns shares through various entities, including The Siebel Living Trust, First Virtual Holdings, LLC, Siebel Asset Management L.P., Siebel Asset Management III, L.P., and The Siebel 2011 Irrevocable Children's Trust, totaling 5,016,341, 9,216, 170,924, 72,695 and 1,237,115 shares respectively.
- Following these transactions, Siebel directly owns 26,115 shares and indirectly owns a total of 6,456,291 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by the CEO. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the sales are primarily for tax obligations.
- The vesting of RSUs is part of the executive compensation plan and impacts the CEO's holdings.
Key Dates
| Date | Description |
|---|---|
| 07/27/1993 | Date of establishment of The Siebel Living Trust u/a/d |
| 08/01/2022 | Initial vesting date of 6.25% of RSU award |
| 05/01/2025 | Vesting of 53,125 Restricted Stock Units (RSUs) |
| 05/02/2025 | Sale of 27,010 shares of Class A Common Stock to cover tax obligations |
| 05/05/2025 | Gift of 26,115 shares of Class A Common Stock |
Keywords
Form 4, C3.ai, Thomas Siebel, stock, ownership, RSU, AI
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