C3.ai (AI) director’s tax-driven sale and matched buy, $3,509 remitted
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C3.ai, Inc. director Jim H. Snabe reported offsetting trades in Class A Common Stock. On March 27, he sold 10,000 shares in an open-market sale at $8.08 per share and purchased 10,000 shares in an open-market buy at $7.73 per share.
The footnotes state the sale was made to satisfy “exit tax” obligations related to his emigration from Denmark, and that the resulting short-swing profits of $3,509 were remitted to the company. Following these transactions, he holds 385,000 shares directly and 28,000 shares indirectly through BJHS Invest ApS, of which he is the sole member.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Snabe Jim H.
Role
Director
Bought
10,000 shs ($77K)
Sold
10,000 shs ($81K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,000 | $8.08 | $81K |
| Purchase | Class A Common Stock | 10,000 | $7.73 | $77K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 385,000 shares (Direct);
Class A Common Stock — 28,000 shares (Indirect, See Footnote)
Footnotes (1)
- Represents the sale to satisfy "exit tax" obligations with respect to shares held by Mr. Snabe, which is being imposed in connection with Mr. Snabe's emigration from Denmark. This purchase was matchable under Section 16(b) of the Securities Exchange Act of 1934 with a sale of 10,000 shares by the Reporting Person on March 27, 2026. The Reporting Person has remitted the resulting short-swing profits to the Company, which were $3,509. The shares are held by BJHS Invest ApS, of which the Reporting Person is the sole member.
Key Figures
Shares sold: 10,000 shares
Sale price: $8.08 per share
Shares purchased: 10,000 shares
+4 more
7 metrics
Shares sold
10,000 shares
Open-market sale of Class A Common Stock at $8.08 on March 27, 2026
Sale price
$8.08 per share
Price for 10,000 C3.ai Class A shares sold on March 27, 2026
Shares purchased
10,000 shares
Open-market purchase of Class A Common Stock at $7.73 on March 27, 2026
Purchase price
$7.73 per share
Price for 10,000 C3.ai Class A shares bought on March 27, 2026
Direct holdings after trades
385,000 shares
Direct C3.ai Class A Common Stock held by Jim H. Snabe after transactions
Indirect holdings
28,000 shares
C3.ai Class A shares held indirectly through BJHS Invest ApS
Short-swing profits remitted
$3,509
Section 16(b) short-swing profits paid by Snabe to C3.ai
Key Terms
exit tax, Section 16(b), short-swing profits, indirect ownership, +2 more
6 terms
exit tax financial
"Represents the sale to satisfy "exit tax" obligations with respect to shares held"
Section 16(b) regulatory
"This purchase was matchable under Section 16(b) of the Securities Exchange Act"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
short-swing profits financial
"The Reporting Person has remitted the resulting short-swing profits to the Company, which were $3,509"
indirect ownership financial
"The shares are held by BJHS Invest ApS, of which the Reporting Person is the sole member"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
What insider transactions did C3.ai (AI) director Jim H. Snabe report?
Jim H. Snabe reported selling 10,000 C3.ai Class A shares at $8.08 and buying 10,000 shares at $7.73 on March 27. These offsetting open-market trades left his net direct share count broadly unchanged while updating his reported holdings.
What are the short-swing profits remitted by Jim H. Snabe to C3.ai (AI)?
The filing notes that Snabe’s purchase was matchable under Section 16(b) with his same-day sale, creating short-swing profits of $3,509. According to the footnote, he remitted this $3,509 amount to C3.ai to satisfy the Section 16(b) profit recovery requirement.
How are Jim H. Snabe’s indirect C3.ai (AI) holdings structured?
The filing discloses 28,000 C3.ai shares held indirectly through BJHS Invest ApS. A footnote explains that Snabe is the sole member of BJHS Invest ApS, clarifying that these shares are attributed to him through this investment entity rather than held in his own name.
Do Jim H. Snabe’s C3.ai (AI) trades indicate a net buy or net sell position?
The Form 4 shows a same-day purchase and sale of 10,000 shares each, resulting in zero net shares bought or sold. Transaction summary data labels the overall net buy/sell share change as neutral, indicating no net change in his direct share count from these trades.