Summary by Moomoo AI
On December 9, 2024, Richard C. Levin, an insider at C3.ai, executed a series of transactions involving the company's Class A Common Stock. Levin first acquired 72,000 shares at $4.68 per share through the exercise of derivative securities. Immediately following this acquisition, he sold the same number of shares in an open market transaction at $42.00 per share.The sale resulted in a total market value of $3,024,000. These transactions were completed on the same day, indicating a planned exercise-and-sell strategy. After the transactions, Levin's direct ownership of C3.ai's Class A Common Stock stood at 161,664 shares.This insider activity provides insight into executive stock options and potential profit-taking, given the significant price difference between the acquisition and sale prices. Investors may want to consider the implications of this insider selling, particularly the timing and volume, in their assessment of C3.ai's stock.