C3.ai Insider Sales Continue as Former Officer Offloads $425K in 3 Months
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed by former C3.ai officer Merel Witteveen, indicating planned sale of 3,807 shares of common stock with an aggregate market value of $95,175. The sale is scheduled for June 27, 2025, through Merrill Lynch on the NYSE.
The shares were acquired on June 27, 2025, through a bonus RSU vest of 6,914 shares. Over the past three months, Witteveen has conducted multiple sales totaling 19,377 shares with combined gross proceeds of approximately $483,627.
- Largest recent sale: 5,719 shares on May 19, 2025 ($133,367)
- Most recent previous sale: 5,485 shares on June 16, 2025 ($131,358)
- Total shares outstanding: 130,885,934
The filing includes standard Rule 10b5-1 representations confirming no knowledge of material adverse non-public information regarding the company's operations.
Positive
- None.
Negative
- Former officer Merel Witteveen has sold approximately 19,377 shares worth over $483,000 in the past 3 months through multiple transactions, indicating consistent selling pressure from insider
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FAQ
What is Merel Witteveen's previous trading history of AI stock in the past 3 months?
Witteveen made several sales in the past 3 months: 5,485 shares on June 16 ($131,357), 1,710 shares on June 9 ($44,858), 4,951 shares on May 29 ($136,794), 805 shares on May 27 ($18,965), 5,719 shares on May 19 ($133,367), and 707 shares on June 10 ($18,283).
What is Merel Witteveen's relationship to C3.ai (AI)?
According to the Form 144 filing, Merel Witteveen is listed as a FORMER OFFICER of C3.ai, Inc.