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C3.ai executives sell shares to cover tax withholding obligations
Executives at C3.ai, Inc. have conducted stock transactions to satisfy tax withholding obligations following the vesting of equity awards.
CEO and Chairman Thomas Siebel disposed of 66,752 shares of Class A Common Stock on September 14, 2026. The transaction, valued at approximately $705,000, included 22,780 shares sold and 43,972 shares gifted. The disposal was non-discretionary and occurred automatically under company policy to meet tax requirements. Despite the sale, Siebel maintains a significant stake in the company, with total beneficial ownership valued at approximately $104.1 million.
CFO Hitesh Lath sold 21,077 shares on September 16, totaling approximately $220,887 at an average price of $10.48. This sale was also intended to cover tax withholding related to equity award vesting. Following this transaction, Lath directly owns 371,036 shares, representing a 5.38% decrease in his position.