C3.ai CEO Siebel sells 462,565 shares for $4,244,431.05 via 10b5-1 plan; stock down 70.4% from 52-week high.
Thomas M Siebel, CEO and Chairman, executed 3 separate sales totaling 462,565 shares for $4,244,431.05 at blended average price $9.18, reducing his non-derivative holdings by -39.0% to 722,362 shares. This transaction is scheduled under a pre-arranged 10b5-1 trading plan, not a discretionary decision. The company faces significant headwinds: C3.ai reported revenue of $53,260,000.00 for the latest quarter but net income of $-133,363,000.00, with annual revenue declining -35.7% year-over-year. Stock price has fallen 70.4% from its 52-week high of $30.11 and currently trades at $8.91, down 18.5% over 30 days. The current market cap of $31,184,928.72 is notably depressed. Siebel retains significant derivative holdings of 2,931,485 shares through stock options, preserving material upside exposure despite the share sales. Investors should note the wide gap between transaction prices ($9.07–$9.32) and current price ($8.91), and the confluence of negative momentum (stock down 70.4% from peak), operational losses, revenue contraction, and ongoing material option holdings.