The CEO's $5.15M open-market sale, the largest insider transaction in the cluster, is a strong bearish signal given its size relative to market cap and the lack of a 10b5-1 plan. Monitor for upcoming earnings or material news that may have prompted the selling.
Price Chart
Executive Summary
CEO Thomas Siebel sold $5.15M worth of C3.ai shares in an open-market sale, and CFO Hitesh Lath sold $247K, totaling $5.39M in insider selling within a week. This represents approximately 1.65% of the company's $326M market cap, a significant cluster of open-market sales by top executives. The selling is material in size and seniority, signaling potential bearish conviction ahead of upcoming events.
Key Financial Metrics
Key Facts
- CEO Thomas Siebel sold 435,400 shares at $11.82 for $5.15M on 2026-10-13
- CFO Hitesh Lath sold 20,000 shares at $12.37 for $247,400 on 2026-10-12
- Total insider selling of $5.39M represents ~1.65% of $326M market cap
- Both sales are open-market (code S) with no disclosed 10b5-1 plan
- Cluster occurred within a 7-day window (2026-10-06 to 2026-10-13)
Financial Impact
Insider selling of $5.39M, approximately 1.65% of market cap, concentrated in CEO and CFO open-market sales
Risk Factors
- CEO and CFO selling a combined 1.65% of market cap in open-market sales could signal deteriorating fundamentals or upcoming negative news
- No 10b5-1 plan disclosed, increasing the likelihood of discretionary, information-driven selling
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AI-1792014291442 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | Insider Cluster | $12.16 $11.32 | ▲ +6.91% | ▲ +5.80% | $12.45 (−2.38%) |
Oct 14, 2026 12d ago | Insider Cluster | $12.16 $11.32 | ▲ +6.91% | ▲ +5.80% | $12.45 (−2.38%) |
Oct 13, 2026 13d ago | 144 | $12.01 $11.67 | ▼ −2.83% | ▼ −1.75% | $12.45 (+3.66%) |
Sep 17, 2026 5w ago | Insider Cluster | $10.48 $10.84 | ▼ −3.44% | ▼ −1.88% | $12.45 (−18.80%) |
Aug 13, 2026 10w ago | Insider Cluster | $9.93 $9.70 | ▲ +2.32% | ▲ +1.84% | $12.45 (−25.38%) |
Aug 13, 2026 10w ago | Institutional Cluster | $10.18 $9.93 | ▼ −2.46% | ▼ −2.26% | $12.45 (+22.30%) |
Aug 6, 2026 11w ago | Insider Cluster | $10.22 $10.40 | ▼ −1.76% | ▼ −1.79% | $12.45 (−21.82%) |
Jul 2, 2026 16w ago | Insider Cluster | $9.28 $8.93 | ▼ −3.77% | ▼ −3.30% | $12.45 (+34.16%) |
Jun 17, 2026 18w ago | Insider Cluster | $10.30 $9.70 | ▲ +5.83% | ▲ +5.51% | $12.45 (−20.87%) |
Jun 12, 2026 19w ago | Institutional Cluster | $10.90 $11.03 | ▲ +1.19% | ▼ −0.57% | $12.45 (+14.22%) |
US Market Status
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