Director Condoleezza Rice sold 74,689 shares of AI at $45.01 (Dec 10), halving stake to 74,387 shares; stock now trades $38.25 amid unprofitable fundamentals.
Condoleezza Rice, a board member of unprofitable enterprise-software firm C3.ai, sold 74,689 shares for $3,361,751.89, reducing her holdings by 50.1% to 74,387 shares remaining. The sale occurred at $45.01 per share, well above the current price of $38.25 and the 52-week high of $41.73, suggesting the transaction executed during a relative peak in recent valuation. The company carries negative net income of $-65,972,000.00 against revenue of $94,338,000.00 for the latest quarter, indicating material unprofitability that persisted through the full fiscal year. The timing of a substantial director liquidation in an unprofitable company during elevated valuations merits investor attention to director confidence and capital allocation priorities.