The CEO's $5.15M open-market sale is the dominant signal — at ~1.7% of market cap, it far exceeds the 0.5-2% materiality threshold. Without a 10b5-1 plan, this suggests management sees downside risk. 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 stock in an open-market sale, and CFO Hitesh Lath sold $247K, totaling $5.39M in insider selling over a 7-day window. This represents approximately 1.7% of the company's market cap ($326M), a highly material amount. The cluster is entirely open-market sales with no indication of 10b5-1 plans, signaling potential bearish conviction from top management.
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 ~1.7% of C3.ai's $326M market cap
- All sales are open-market (code S) with no disclosed 10b5-1 trading plan
- Cluster spans 6 days (Oct 8-15, 2026), with both C-suite executives selling
Financial Impact
Insider selling of $5.39M, or ~1.7% of market cap, is highly material for a $326M company
Risk Factors
- CEO selling at this scale often precedes negative catalysts such as earnings misses or guidance cuts
- No 10b5-1 plan disclosed increases the likelihood of informed selling
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AI-1792187657346 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | Insider Cluster | $12.16 $11.32 | ▲ +6.91% | ▲ +5.80% | $12.79 (−5.18%) |
Oct 14, 2026 12d ago | Insider Cluster | $12.16 $11.32 | ▲ +6.91% | ▲ +5.80% | $12.79 (−5.18%) |
Oct 13, 2026 13d ago | 144 | $12.01 $11.67 | ▼ −2.83% | ▼ −1.75% | $12.79 (+6.49%) |
Sep 17, 2026 5w ago | Insider Cluster | $10.48 $10.84 | ▼ −3.44% | ▼ −1.88% | $12.79 (−22.04%) |
Aug 13, 2026 10w ago | Insider Cluster | $9.93 $9.70 | ▲ +2.32% | ▲ +1.84% | $12.79 (−28.80%) |
Aug 13, 2026 10w ago | Institutional Cluster | $10.18 $9.93 | ▼ −2.46% | ▼ −2.26% | $12.79 (+25.64%) |
Aug 6, 2026 11w ago | Insider Cluster | $10.22 $10.40 | ▼ −1.76% | ▼ −1.79% | $12.79 (−25.15%) |
Jul 2, 2026 16w ago | Insider Cluster | $9.28 $8.93 | ▼ −3.77% | ▼ −3.30% | $12.79 (+37.82%) |
Jun 17, 2026 18w ago | Insider Cluster | $10.30 $9.70 | ▲ +5.83% | ▲ +5.51% | $12.79 (−24.17%) |
Jun 12, 2026 19w ago | Institutional Cluster | $10.90 $11.03 | ▲ +1.19% | ▼ −0.57% | $12.79 (+17.34%) |
US Market Status
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