Summary by Moomoo AI
C3.ai's Senior VP of Operations, Merel Witteveen, plans to sell 11,132 shares of Class A Common Stock on 12/30/2024. The transaction will be executed in two parts: 5,579 shares at $34.56 and 5,553 shares at $35.35 per share.The total market value of the disposed shares is estimated at $389,108.79. Following these transactions, Witteveen's direct ownership will decrease from 15,274 to 4,142 shares. This planned sale represents a significant reduction in the executive's holdings, with approximately 72.9% of their current stake being divested.The transactions are scheduled as open market or private sales, indicating a pre-planned divestment strategy. Investors should note that this future sale by a senior executive may impact market perception of C3.ai's stock, though the reasons for the sale are not disclosed in the filing.
