Hitesh Lath - Jun 26, 2024 Form 4 Insider Report for C3.ai, Inc. (AI)

Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Jun 26, 2024
Transactions value $
-$168,198
Form type
4
Date filed
6/28/2024, 05:18 PM
Previous filing
Jun 17, 2024
Next filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Award $0 +6.09K +82.46% $0.00 13.5K Jun 26, 2024 Direct F1
transaction AI Class A Common Stock Tax liability -$85.4K -3.09K -22.91% $27.64 10.4K Jun 26, 2024 Direct
transaction AI Class A Common Stock Sale -$82.8K -3.01K -28.91% $27.56 7.39K Jun 27, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs are fully vested.
F2 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated March 27, 2024.