Accepted (ET)
4:33 PM
Aug 6, 2026
Filed
Aug 6, 2026
Documents
3
Size
327.0 KB
Summary
C3.ai CFO Lath Hitesh Sells 20,000 Shares
What Happened Lath Hitesh, Chief Financial Officer of C3.ai (AI), sold 20,000 shares on August 4, 2026, in open-market transactions. The weighted-average price reported was $10.00 per share, for total proceeds of approximately $200,000. This was a sale (not a purchase); the filing notes the transactions were made pursuant to a previously established Rule 10b5-1 plan, which is a pre-arranged trading plan that insiders commonly use.
Key Details
- Transaction date: 2026-08-04; Form 4 filed: 2026-08-06 (filing marked late).
- Transaction type/code: S (sale).
- Shares sold: 20,000; Weighted-average price: $10.00; Total proceeds ≈ $200,000.
- Price range: shares were sold in multiple trades at prices from $10.00 to $10.015 (Footnote F2). The reporting person will provide a breakdown of quantities by price upon request.
- Footnote F1: Sale made pursuant to a pre-established Rule 10b5-1 trading plan.
- Ownership after transaction: Not disclosed in this filing.
- Exhibit: 24.1 Power of Attorney included.
- Timeliness: Filing is marked late (transactionTimeliness = 'L'), which indicates the Form 4 was not timely filed per the reporting rules.
Context Sales conducted under a Rule 10b5-1 plan are typically pre-scheduled and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases often carry more informational weight than routine sales; this filing documents a routine plan-based sale rather than an opportunistic market purchase.