C3.ai Insider Filing: 470,420 RSUs Vested; 470K Grant Details
Rhea-AI Filing Summary
C3.ai director and EVP & Chief Commercial Officer Robert David Schilling received 470,420 fully vested Restricted Stock Units (RSUs) that convert one-for-one into Class A common shares. To cover tax withholding on those vested RSUs, the issuer automatically withheld and sold 240,121 shares at a weighted-average price of $17.2899. Separately, 230,299 shares were sold under a previously established Rule 10b5-1 trading plan dated June 23, 2025, also reported at a weighted-average price of $17.2899. Following the reported transactions, the filing shows beneficial ownership levels of 1,481,747, 1,241,626, and 1,011,327 shares on the separate reported lines respectively.
Positive
- 470,420 RSUs were granted and are fully vested, converting one-for-one to Class A shares
- Sales to satisfy tax withholding (240,121 shares) were handled automatically by the issuer
- A pre-established Rule 10b5-1 plan dated June 23, 2025 governed the 230,299 share sale
Negative
- None.
Insights
RSU vesting and tax-related sell-to-cover reduced reported holdings.
The filing discloses a grant of 470,420 RSUs that are fully vested and convertible one-for-one to Class A shares, which is a compensation event for the reporting person. The issuer automatically withheld and sold 240,121 shares to satisfy tax withholding, a routine administrative step that monetizes part of the grant.
The filing also shows an additional 230,299 share sale executed under a Rule 10b5-1 plan. Because both sales are disclosed with a weighted-average price of $17.2899, the document provides concrete proceeds data for those transactions.
Transactions are standard for executive equity settlements but should be logged by investors.
The RSU grant, immediate vesting, and sell-to-cover are explicitly reported and reflect compensation realization rather than open-market opportunistic sales. The separate Rule 10b5-1 sales demonstrate a pre-established trading plan dated June 23, 2025, which provides a compliance framework for the sale timing. The filing identifies ownership counts after each reported line, enabling reconciliation of total holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 240,121 | $17.2899 | $4.15M |
| Sale | Class A Common Stock | 230,299 | $17.2899 | $3.98M |
| Grant/Award | Class A Common Stock | 470,420 | $0.00 | -- |
Footnotes (1)
- Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement. The RSUs are fully vested. Pursuant to the Issuer's policies and practice, these shares of Class A Common Stock were automatically withheld and sold by the Issuer to satisfy the Reporting Person's tax withholding obligations related to the vesting of RSUs reported herein. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $17.085 to $17.50, 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 transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated June 23, 2025.
