AI.NYSEC3ai, INC

Form 4: C3.ai Senior VP, Operations, Merel Witteveen, Executes Stock Transactions

Sentiment:

SEC Form 4 Filing


Merel Witteveen, Senior VP of Operations at C3.ai, executed transactions involving the acquisition of 1,500 shares and the disposal of 825 shares of Class A Common Stock on November 24, 2024.

Summary

  • Merel Witteveen, a Senior VP at C3.ai, engaged in stock transactions on November 24, 2024.
  • She acquired 1,500 shares of Class A Common Stock through the vesting of restricted stock units.
  • She also disposed of 825 shares of Class A Common Stock to cover tax obligations at a price of $37.42 per share.
  • Following these transactions, Witteveen directly owns 13,867 shares of Class A Common Stock and 10,500 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • The transactions are typical for executives who receive stock-based compensation, such as restricted stock units.
  • The tax-related disposal of shares is a common occurrence when restricted stock units vest.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine insider trading activity.
  • The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/24/2024Date of stock transactions, including acquisition of 1,500 shares and disposal of 825 shares.
11/25/2024Date of signature for the Form 4 filing.

Keywords

C3.ai, stock transaction, insider trading, Form 4, restricted stock units, Class A Common Stock, Merel Witteveen, equity compensation

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