C3.ai (NYSE: AI) chair Siebel exercises RSUs, sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C3.ai Executive Chairman Thomas M. Siebel reported multiple equity moves involving the company’s Class A Common Stock. On March 11, 2026, he exercised 44,766 Restricted Stock Units, receiving the same number of common shares at a conversion price of $0.00 per share.
In connection with this vesting, 23,435 shares were automatically sold by the issuer on March 12, 2026 at a weighted-average price of about $9.11 per share to satisfy tax withholding obligations. On March 13, 2026, he made two bona fide gifts totaling 42,662 shares, split between his direct holdings and an entity reported as indirect ownership. Following these transactions, he holds 722,362 shares directly and continues to have additional indirect holdings through several trusts and entities, including 1,237,115 shares held by Siebel Asset Management III, L.P.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,435 shares ($213,493)
Net Sell
9 txns
Insider
SIEBEL THOMAS M
Role
Executive Chairman
Sold
23,435 shs ($213K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 21,331 | $0.00 | -- |
| Gift | Class A Common Stock | 21,331 | $0.00 | -- |
| Sale | Class A Common Stock | 23,435 | $9.11 | $213K |
| Exercise | Restricted Stock Units | 44,766 | $0.00 | -- |
| Exercise | Class A Common Stock | 44,766 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 722,362 shares (Direct);
Class A Common Stock — 694,188 shares (Indirect, See Footnote);
Restricted Stock Units — 268,761 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 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 $9.055 to $9.16, 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, as 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. 1/3rd of the RSUs vested on September 11, 2025 and 1/12th of the RSUs shall vest quarterly thereafter, so long as the Reporting Person continues to provide services through such vesting dates.
FAQ
What insider transactions did C3.ai (AI) chairman Thomas Siebel report?
Thomas Siebel reported exercising 44,766 RSUs, an automatic tax-related sale of 23,435 shares at a weighted-average $9.11, and two bona fide gifts totaling 42,662 shares. These entries reflect compensation vesting, tax withholding, and personal gifting, not new open-market purchases.
What RSU activity did Thomas Siebel disclose for C3.ai (AI)?
He exercised 44,766 Restricted Stock Units, receiving an equal number of C3.ai Class A shares at $0.00 per share. Footnotes state one-third of these RSUs vested on September 11, 2025, with the remaining portion vesting quarterly, subject to continued service.
What are Thomas Siebel’s C3.ai (AI) holdings after these transactions?
After the reported transactions, Siebel holds 722,362 C3.ai shares directly. He also has substantial indirect holdings through several entities and trusts, including 1,237,115 shares held by Siebel Asset Management III, L.P., plus additional positions in other named entities.