SCHEDULE: C3.AI Founder Siebel Maintains Significant Stake

Thomas M. Siebel and affiliated entities report substantial beneficial ownership in C3.AI, Inc., with Siebel holding 17.2% of Class A Common Stock.

Summary

• Thomas M. Siebel, the founder, beneficially owns 27,368,188 shares of C3.AI, INC. Class A Common Stock, representing 17.2% of the class.
• The Siebel Living Trust u/a/d 7/27/93, as amended, beneficially owns 4,582,922 shares, representing 3.3% of the class.
• Siebel Asset Management, L.P. beneficially owns 170,294 shares, representing 0.1% of the class.
• Siebel Asset Management III, L.P. beneficially owns 72,695 shares, representing 0.1% of the class.
• First Virtual Holdings, LLC beneficially owns 509,216 shares, representing 0.4% of the class.
• The Siebel 2011 Irrevocable Children's Trust beneficially owns 1,237,115 shares, representing 0.9% of the class.
• All reported beneficial ownership includes sole voting and sole dispositive power for the respective entities.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of beneficial ownership. The sentiment is mildly positive due to the confirmation of substantial insider ownership by the founder, which can be interpreted as a sign of confidence, but it does not contain new operational or financial news.

Positives

• The continued significant beneficial ownership by founder Thomas M. Siebel and his affiliated entities demonstrates strong insider commitment and alignment with shareholder interests.

Industry Context

This filing provides an update on the ownership structure of C3.AI, a prominent player in the enterprise AI software market. Stable insider ownership, particularly from a founder, can be viewed positively in the technology sector, signaling long-term confidence in the company's strategic direction and market position amidst competitive pressures.

Related Party Transactions

• The filing details beneficial ownership by Thomas M. Siebel and various trusts and entities associated with him, indicating significant related party holdings in C3.AI, INC.

Stakeholder Impact

• Shareholders: Provides clarity on the significant ownership stake held by the company's founder and related entities, which can influence investor perception of stability and long-term vision.

Key Dates

Keywords

C3.AI, AI, Artificial Intelligence, Thomas Siebel, Beneficial Ownership, Insider Ownership, Schedule 13G, Stock Ownership, Corporate Governance