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 of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On May 16, 2025, Merel Witteveen, Senior VP of Operations at C3.ai, exercised 10,000 restricted stock units (RSUs) that converted into Class A Common Stock.
- Following the transaction, Witteveen directly owns 17,785 shares of Class A Common Stock.
- On May 19, 2025, Witteveen sold 5,719 shares of Class A Common Stock at a price of $23.32 per share to cover tax obligations related to the RSU vesting.
- After the sale, Witteveen directly owns 12,066 shares of Class A Common Stock.
- Witteveen also holds 90,000 derivative securities in the form of Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares in the open market.
Key Dates
| Date | Description |
|---|---|
| August 16, 2023 | 20% of RSU award vested |
| May 16, 2025 | Exercise of 10,000 Restricted Stock Units |
| May 19, 2025 | Sale of 5,719 shares at $23.32 to cover tax obligations |
| May 20, 2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, C3.ai, AI, Insider Trading, Stock Sale, Restricted Stock Units, RSU, Merel Witteveen, Beneficial Ownership
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