Summary by Moomoo AI
C3.ai's CFO Lath Hitesh executed multiple stock transactions between 12/15/2024 and 12/17/2024. On 12/15/2024, Hitesh acquired 8,007 shares of Class A Common Stock through the exercise of derivative securities. On the same day, 4,058 shares were disposed of at $39.46 per share to cover tax liabilities.On 12/17/2024, Hitesh sold an additional 3,949 shares in an open market transaction at an average price of $42.36. The total value of disposed shares amounted to approximately $327,408. Following these transactions, Hitesh's direct ownership of C3.ai common stock decreased to 851 shares.These transactions appear to be part of a pre-planned stock option exercise and subsequent sale, likely for tax purposes and personal financial management. The reporting indicates that the transaction status is still in progress, suggesting potential further activity or reporting updates may follow.