Form 4: C3.ai Senior VP, Operations, Merel Witteveen, Reports Stock Transactions
SEC Form 4 Filing
Merel Witteveen, Senior VP of Operations at C3.ai, reports the vesting and subsequent sale of Class A Common Stock to cover tax obligations.
Summary
- Merel Witteveen, Senior VP of Operations at C3.ai, filed a Form 4 detailing changes in beneficial ownership.
- On September 6, 2024, 3,125 shares of Class A Common Stock vested from restricted stock units (RSUs).
- Also on September 6, 2024, 1,718 shares were sold at a price of $21.3 to cover tax obligations.
- Following these transactions, Witteveen directly owns 8,260 shares of Class A Common Stock and 21,875 restricted stock units.
- The RSUs vest quarterly, with 6.25% vesting on a quarterly basis after an initial vesting period.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| July 6, 2022 | Initial vesting date for restricted stock units. |
| September 6, 2024 | Date of stock vesting and sale. |
| September 10, 2024 | Date of Form 4 filing. |
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