C3.ai CFO vests 29K shares, sells 21K for taxes
C3.ai’s CFO reported RSU vesting, a tax-related sale of 21,077 shares, and gifts of 59,712 shares to a family trust over September 15–17, 2026.
Rhea-AI Filing Summary
C3.ai, Inc. (AI) reports that its chief financial officer, Hitesh Lath, had restricted stock units settle into 29,007 shares of Class A common stock on September 15, 2026, which were issued to him as vested shares. On September 16, 2026, 21,077 shares of Class A common stock were sold at a weighted-average price of $10.48 per share, with prices ranging from $10.37 to $10.64; the company states these shares were automatically sold to satisfy his tax withholding obligations related to the RSU vesting. Also on September 16 and on September 17, 2026, he made bona fide gifts totaling 59,712 shares, transferring 29,856 and 15,930 shares, respectively, from his direct holdings to The Lath Family Revocable Trust, of which he is a trustee. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
Lath Hitesh
Role
CHIEF FINANCIAL OFFICER
Sold
21,077 shs ($221K)
Approx. gross sale proceeds
$221K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 15,930 | $0.00 | $0.00 |
| Gift | Class A Common Stock F4 | 15,930 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 21,077 | $10.48 | $221K |
| Gift | Class A Common Stock | 29,856 | $0.00 | $0.00 |
| Gift | Class A Common Stock F4 | 29,856 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 8,007 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6 | 1,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F7 | 20,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 8,007 | -- | -- |
| Exercise | Class A Common Stock F1 | 1,000 | -- | -- |
| Exercise | Class A Common Stock F1 | 20,000 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 323,070 contracts (Direct);
Class A Common Stock — 325,250 shares (Direct);
Class A Common Stock — 45,786 shares (Indirect, See Footnote)
Footnotes (7)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. 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.
- F3. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $10.37 to $10.64, 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.
- F4. The shares are held by The Lath Family Revocable Trust, of which the Reporting Person is a trustee.
- F5. 5% of such RSU award vested on March 15, 2024 and 5% of such RSU award vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.
- F6. 20% of such RSU award vested on June 15, 2025 and 5% of such RSU award vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.
- F7. 20% of such RSU award vested on September 15, 2025 and 5% of such RSU award vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.
Key Figures
RSU shares settled: 29,007 shares
Shares sold for tax withholding: 21,077 shares
Weighted-average sale price: $10.48 per share
+3 more
6 metrics
RSU shares settled
29,007 shares
Restricted stock units converting into Class A common stock on September 15, 2026
Shares sold for tax withholding
21,077 shares
Automatic sale on September 16, 2026 to satisfy tax withholding obligations
Weighted-average sale price
$10.48 per share
Sale of 21,077 shares on September 16, 2026, price range $10.37–$10.64
Shares gifted to family trust
59,712 shares
Bona fide gifts of 29,856 shares on September 16 and 15,930 shares on September 17, 2026
RSU tranche vested March 15, 2024
5% of award
One RSU award with 5% vesting on March 15, 2024 and 5% quarterly thereafter
RSU tranches vested June 15 and September 15, 2025
20% of each award
Two RSU awards with 20% vesting on June 15, 2025 and September 15, 2025, then 5% quarterly
Key Terms
restricted stock unit, bona fide gift, weighted-average price, tax withholding obligations, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
bona fide gift financial
"These transactions are reported as a bona fide gift of Class A Common Stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted-average price financial
"The price reported is a weighted-average price for shares sold in multiple trades"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
tax withholding obligations financial
"shares were automatically withheld and sold to satisfy the Reporting Person's tax withholding obligations"
Revocable Trust financial
"The shares are held by The Lath Family Revocable Trust, of which the Reporting Person is a trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did C3.ai (AI) disclose for CFO Hitesh Lath in mid-September 2026?
C3.ai reported that its CFO had 29,007 RSUs settle into shares on September 15, 2026, sold 21,077 shares on September 16, 2026 to cover tax withholding, and made gifts totaling 59,712 shares to a family trust on September 16 and 17, 2026.
Were the reported C3.ai (AI) insider trades made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported in connection with these September 2026 transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
