Lath Hitesh 4

4 · C3.ai, Inc. · Filed Jul 1, 2026

AI-generated summary of this filing

Updated Jul 1, 2026

C3.ai CFO Lath Hitesh Receives RSUs and Sells Shares

What Happened

Lath Hitesh, Chief Financial Officer of C3.ai (AI), was granted a total of 198,619 restricted stock units (RSUs) and had 48,619 shares sold in late-June transactions to satisfy tax withholding. The filing shows grants dated 2026-06-29 and open-market sales on 2026-06-30.
Grants: 150,000 RSUs (no cash cost) with scheduled vesting (100,000 vest on Sep 15, 2027; remaining RSUs vest 12 months after that), plus 48,619 RSUs that are fully vested. Sales: 27,304 shares and 21,315 shares sold at a weighted-average price of $8.77 (price range $8.675–$8.8766), producing aggregate proceeds of ~$426,389.
These sales were reported as automatic withholding/sales to satisfy tax obligations related to RSU vesting.

Key Details

Transaction dates: Grants on 2026-06-29; sales on 2026-06-30. Filing date: 2026-07-01 (timely).
Sale amounts & pricing: 48,619 shares sold for a total of ~$426,389; weighted-average sale price $8.77; individual sale prices ranged $8.675–$8.8766.
RSU terms: 150,000 RSUs vest over 27 months (first 100,000 on 9/15/2027); 48,619 RSUs are fully vested and were subject to withholding.
Reason for sale: Per filing, shares were automatically withheld/sold to satisfy tax withholding (routine practice).
Additional note: Sales were made pursuant to a previously established Rule 10b5-1 plan (per the filing).
Shares owned after the transactions are not specified in the provided filing.

Context

These transactions consist of equity awards (RSUs) and withholding-related sales — common administrative actions when RSUs vest and taxes are due, not an open-market purchase signaling bullish intent.
For retail investors, award grants increase potential future share count subject to vesting; withheld/sold shares to cover taxes are routine and typically not read as an indicator of the insider’s view on the company.

Form 4

Period: 2026-06-29

CHIEF FINANCIAL OFFICER

Transactions

Award
Class A Common Stock
[F1]
2026-06-29+150,000→ 383,106 total
Award
Class A Common Stock
[F2]
2026-06-29+48,619→ 431,725 total
Sale
Class A Common Stock
[F3][F4]
2026-06-30$8.77/sh−27,304$239,456→ 404,421 total
Sale
Class A Common Stock
[F5][F4]
2026-06-30$8.77/sh−21,315$186,933→ 383,106 total

Footnotes (5)

[F1]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. 100,000 RSUs award shall on September 15, 2027, and the remaining RSUs will vest 12 months thereafter (i.e., total of 27 months) so long as the Reporting Person continues to provide services through such vesting dates.
[F2]Represents the grant of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs are fully vested.
[F3]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.
[F4]The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $8.675 to $8.8766, 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.
[F5]Transaction pursuant to previously established Rule 10b5-1 Plan.

Signature

/s/ Sasha Pesic, Attorney-in-Fact|2026-07-01

1 file