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CFO of C3.ai sells 15,248 shares to cover taxes amid company’s revenue decline and stock price drop.

Market News
24 Mar 2026
Robert Izquierdo
View Source
Bearish
pluang ai news

C3.ai CFO Hitesh Lath sold 15,248 Class A shares on March 16, 2026, for about $137,000, representing 6.01% of his direct holdings. The sale was part of an option exercise to cover tax obligations, not a signal to sell. C3.ai’s shares have fallen nearly 60% in a year due to a revenue drop and CEO health-related departure, with revenue falling from $98.8 million to $53.3 million year-over-year. Investors are advised to wait for signs of revenue growth before buying, as the stock remains undervalued but faces challenges.

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