C3.ai (NYSE: AI) chair trades 511,732 shares under 10b5-1 plan
Rhea-AI Filing Summary
C3.ai Executive Chairman Thomas M. Siebel, a director and 10% owner, reported a planned stock transaction in Class A common shares. On February 10, 2026, he exercised stock options for 511,732 shares at an exercise price of $2.04 per share and then sold 511,732 shares in open-market transactions at a weighted-average price of $11.66 per share.
The filing shows he directly held 722,362 Class A shares afterward, plus additional indirect holdings through various entities, including The Siebel Living Trust, First Virtual Holdings LLC, Siebel Asset Management partnerships, and The Siebel 2011 Irrevocable Children's Trust. The activity was carried out under a pre-established Rule 10b5-1 trading plan dated September 20, 2024, and the exercised option was fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 511,732 | $0.00 | -- |
| Exercise | Class A Common Stock | 511,732 | $2.04 | $1.04M |
| Sale | Class A Common Stock | 511,732 | $11.66 | $5.97M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated September 20, 2024. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $11.46 to $12.05, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price. The shares are held by The Siebel Living Trust u/a/d 7/27/93, a amended, of which the Reporting Person is trustee The shares are held by First Virtual Holdings, LLC, of which the Reporting Person is Chairman. The shares are held by Siebel Asset Management, L.P., of which the Reporting Person is the general partner. The shares are held by Siebel Asset Management III, L.P., of which the Reporting Person is the general partner. The shares are held by The Siebel 2011 Irrevocable Children's Trust, of which the Reporting Person is co-trustee. Fully vested.
