C3.ai CEO Thomas Siebel sells $240,556 in AI shares
C3.ai CEO Thomas Siebel sold a total of $240,556 worth of company shares on September 14, 2026, to meet tax requirements. The shares, valued between $10.56 and $10.75 each, were part of the vesting of 44,766 restricted stock units. Despite the sale, C3.ai's stock price has decreased by nearly 20% year-to-date and 38% over the past year, placing it among the most overvalued stocks according to the InvestingPro analysis.
The CEO now holds 722,362 shares directly, with additional indirect ownership in trusts. The company reported a 25% year-over-year revenue decline of $52.4 million in its fiscal Q1 2027, with non-GAAP EPS at negative $0.20, surpassing the expected negative $0.26. C3.ai's analysts have rated the company as a Hold, while JMP Securities advised Market Perform due to concerns over revenue guidance. Despite the growth concerns, the company has shown improved margins and positive cash flow shifts.
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