Form 4: C3.ai Director John E. Hyten Sells 5,000 Shares, Gifts 7,800 Shares

Director John E. Hyten of C3.ai sold 5,000 shares of Class A Common Stock and gifted 7,800 shares on December 12, 2024.

Summary

• John E. Hyten, a director at C3.ai, executed transactions involving the company's Class A Common Stock on December 12, 2024.
• He sold 5,000 shares at a weighted average price of $38.3749 per share, with individual sales ranging from $38.36 to $38.39.
• Additionally, he gifted 7,800 shares.
• Following these transactions, Mr. Hyten directly owns 256,043 shares of C3.ai Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders when they trade company stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale and gift of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings can be seen across the technology sector for companies like Palantir, Snowflake, and Datadog, where directors and officers regularly trade shares.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on investor sentiment, but is a normal part of the market.

Key Dates

Keywords

C3.ai, John E. Hyten, Class A Common Stock, stock sale, stock gift, insider trading, Form 4