Form 4: C3.ai CFO Hitesh Lath Reports Stock Transactions
SEC Form 4 Filing
C3.ai's CFO, Hitesh Lath, reported the vesting and conversion of restricted stock units and a purchase under the employee stock purchase plan.
Summary
- Hitesh Lath, CFO of C3.ai, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 15, 2025, 8,008 Restricted Stock Units (RSUs) vested and were converted into Class A Common Stock.
- Lath also acquired 649 shares of Class A Common Stock through the company's Employee Stock Purchase Plan (ESPP) at a price of $21.61 per share.
- Following these transactions, Lath directly owns 4,618 shares of Class A Common Stock and 120,116 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Five percent (5%) of such RSU award vested |
| 03/15/2025 | Date of earliest transaction, vesting of RSUs, and ESPP purchase |
| 03/18/2025 | Date of Form 4 filing |
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