Snabe Jim H. 4

What Happened

• Jim H. Snabe, a director of C3.ai (AI), sold 10,000 shares on 2026-03-27 at $8.08 per share (proceeds $80,800) and on the same day purchased 10,000 shares at $7.73 per share (cost $77,300). The sale was to satisfy an "exit tax" tied to Mr. Snabe’s emigration from Denmark (footnote F1). The purchase was matchable under Section 16(b); the reporting person remitted short‑swing profits of $3,509 to the company (footnote F2). The shares are held by BJHS Invest ApS, of which Mr. Snabe is the sole member (footnote F3).

Key Details

• Transaction date: March 27, 2026.
• Sale: 10,000 shares @ $8.08 = $80,800 (code S).
• Purchase: 10,000 shares @ $7.73 = $77,300 (code P).
• Short‑swing profit remitted to company: $3,509 (per filing).
• Shares held after transaction: Not specified in the Form 4; holdings are shown as held by BJHS Invest ApS (Mr. Snabe is sole member).
• Filing timeliness: Report filed 2026-03-31 — appears timely (within Form 4 reporting window).

Context

• The sale appears routine/tax‑related (exit tax) rather than a straightforward investment decision; the subsequent purchase triggered Section 16(b) treatment and resulted in remittance of short‑swing profits. For investors, purchases can be a stronger signal than sales, but here the sale was for tax reasons and the buy was matched to the sale, so treat this as administrative rather than a clear bullish endorsement.