Form 4: C3.ai Executive Merel Witteveen Reports Stock Transactions
SEC Filing
Merel Witteveen, Senior VP of Operations at C3.ai, reports the vesting and subsequent disposal of Class A Common Stock units.
Summary
- Merel Witteveen, a Senior VP at C3.ai, filed a Form 4 detailing changes in beneficial ownership.
- On March 9, 2025, 3,125 Class A Common Stock units vested and were converted.
- Witteveen also disposed of 1,721 shares of Class A Common Stock at a price of $22.53.
- Following these transactions, Witteveen directly owns 7,287 shares of Class A Common Stock.
- Witteveen also directly owns 15,625 derivative securities in the form of Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's perspective on the company's valuation and future prospects. However, the vesting and selling of shares is a normal part of executive compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| July 6, 2022 | Initial vesting date for the reported Restricted Stock Units. |
| 03/09/2025 | Date of the reported transactions: vesting of RSUs and disposal of shares. |
| 03/11/2025 | Date of the signature on the Form 4 filing. |
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