Form 4: C3.ai Director Jim H. Snabe Receives 360,000 Restricted Stock Units
SEC Form 4 Filing
Director Jim H. Snabe reports the acquisition of 360,000 Restricted Stock Units (RSUs) in C3.ai, Inc.
Summary
- On March 31, 2025, Jim H. Snabe, a director of C3.ai, Inc., acquired 360,000 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs).
- These RSUs vest monthly from February 24, 2025, with 1/24th vesting monthly for the first year and 1/48th monthly for the following two years, contingent upon Snabe's service as Special Advisor to the CEO.
- The RSUs will be settled for Class A Common Stock on specified quarterly dates.
- Following the transaction, Snabe directly owns 370,000 shares of Class A Common Stock and indirectly owns 28,000 shares through BJHS Invest ApS.
Sentiment
Score: 7
Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive signal.
Positives
- The grant of RSUs to a director aligns their interests with the long-term performance of the company.
- The vesting schedule incentivizes continued service and contribution as Special Advisor to the CEO.
Future Outlook
The document does not contain explicit forward-looking statements, but the vesting schedule implies an expectation of continued service by Jim H. Snabe as Special Advisor to the CEO.
Industry Context
Stock grants to directors are a common practice in the tech industry to align management's interests with shareholders and incentivize long-term growth.
Comparison to Industry Standards
- RSU grants are a standard form of compensation for directors and executives in technology companies.
- The vesting schedule of 1/24th monthly for one year and 1/48th monthly for the following two years is a typical vesting structure.
- Companies like Palantir and Snowflake also utilize RSU grants as part of their compensation packages for key personnel.
Stakeholder Impact
- Shareholders may view the RSU grant as a positive sign, aligning the director's interests with the company's long-term success.
- Employees may see this as a sign of stability and commitment from the leadership team.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Start date for monthly vesting of RSUs. |
| 03/31/2025 | Date of transaction: Grant of 360,000 RSUs. |
| 04/02/2025 | Date of Form 4 filing. |
Keywords
C3.ai, Jim H. Snabe, Restricted Stock Units, RSUs, Director, Beneficial Ownership, Class A Common Stock, Form 4, SEC
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