C3.ai Reports Officer/Director Changes, Comp Arrangements
Ticker: AI · Form: 8-K · Filed: Jan 12, 2024 · CIK: 1577526
| Field | Detail |
|---|---|
| Company | C3.Ai, Inc. (AI) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, executive-changes, compensation
TL;DR
**C3.ai just filed an 8-K about leadership changes and pay, keep an eye on what that means for the stock.**
AI Summary
C3.ai, Inc. filed an 8-K on January 12, 2024, reporting an event that occurred on January 10, 2024, related to the departure or election of directors or officers, and compensatory arrangements. This filing indicates potential changes in leadership or executive compensation, which could impact the company's strategic direction and financial health. Investors should pay attention to the specifics of these changes as they can influence future performance and stock valuation.
Why It Matters
Changes in leadership or executive compensation can signal shifts in company strategy or financial health, directly affecting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Changes in executive leadership or compensation can introduce uncertainty, but the specific details are not yet public, making the immediate risk moderate.
Analyst Insight
A smart investor would monitor C3.ai's subsequent announcements for specific details regarding the reported changes in directors, officers, and compensation arrangements, as these specifics will determine the actual impact on the company's future performance and stock value.
Key Numbers
- 001-39744 — Commission File Number (identifies C3.ai's filings with the SEC)
- 2024-01-10 — Date of earliest event reported (the date the reported event occurred)
- 2024-01-12 — Date of Report (the date the 8-K was filed)
- $0.001 — par value per share (par value of C3.ai's Class A Common Stock)
Key Players & Entities
- C3.ai, Inc. (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for C3.ai, Inc.
- New York Stock Exchange (company) — exchange where C3.ai's Class A Common Stock is registered
- AI (company) — trading symbol for C3.ai, Inc.
Forward-Looking Statements
- C3.ai will provide more specific details about the personnel and compensation changes in a subsequent filing or announcement. (C3.ai, Inc.) — high confidence, target: Q1 2024
- The market will react to the specific details of the leadership changes once they are fully disclosed. (AI stock price) — medium confidence, target: Q1 2024
FAQ
What is the primary purpose of this 8-K filing by C3.ai, Inc.?
The primary purpose of this 8-K filing, dated January 12, 2024, is to report an event that occurred on January 10, 2024, concerning 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per Item 5.02.
When did the earliest event reported in this 8-K filing take place?
The earliest event reported in this 8-K filing took place on January 10, 2024.
What is the trading symbol and the exchange where C3.ai, Inc.'s Class A Common Stock is registered?
C3.ai, Inc.'s Class A Common Stock, with a par value of $0.001 per share, trades under the symbol 'AI' on the New York Stock Exchange.
What is the business address of C3.ai, Inc. as stated in the filing?
The business address of C3.ai, Inc. is 1400 Seaport Blvd, Redwood City, CA 94063, with a telephone number of (650) 503-2200.
What is the Commission File Number for C3.ai, Inc.?
The Commission File Number for C3.ai, Inc. is 001-39744.
Filing Stats: 412 words · 2 min read · ~1 pages · Grade level 11.6 · Accepted 2024-01-12 16:00:30
Key Financial Figures
- $0.001 — stered Class A Common Stock, par value $0.001 per share AI New York Stock Exchang
Filing Documents
- d10280d8k.htm (8-K) — 23KB
- 0001193125-24-007488.txt ( ) — 137KB
- ai-20240110.xsd (EX-101.SCH) — 3KB
- ai-20240110_lab.xml (EX-101.LAB) — 17KB
- ai-20240110_pre.xml (EX-101.PRE) — 11KB
- d10280d8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Chief Administrative Officer On January 10, 2024, Guy Wanger resigned from his position as the Company's Senior Vice President and Chief Administrative Officer for personal reasons, effective immediately.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. C3.ai, Inc. Dated: January 12, 2024 By: /s/ Thomas M. Siebel Thomas M. Siebel Chief Executive Officer and Chairman of the Board of Directors