C3 Ai IncCFO sold shares, reducing holdings by 12.8%, signaling insider selling despite tax withholding rationale.

C3.ai Chief Financial Officer Hitesh Lath sold 34,210 shares of Class A Common Stock for approximately $375,000 on June 16, 2026. The sale represented 12.80% of his direct holdings, reducing his direct ownership from 267,316 to 233,106 shares. The transaction was executed to fulfill tax withholding obligations tied to the vesting of restricted stock units and involved option exercises with immediate sale. Following the sale, Lath directly holds 233,106 shares valued at roughly $2.55 million and maintains 352,077 restricted stock units. The sale occurred with shares priced around $10.95, against a one-year price decline of 55.3% as of that date.
C3 Ai IncCFO sold shares, reducing holdings by 12.8%, signaling insider selling despite tax withholding rationale.