C3.ai Reports Director Changes and Compensation Updates

Ticker: AI · Form: 8-K · Filed: 2024-10-09T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-of-directors

Related Tickers: AI

TL;DR

C3.ai filed an 8-K on Oct 5th about board and exec comp changes.

AI Summary

On October 5, 2024, C3.ai, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers, though specific names and dollar amounts related to these changes are not detailed in the provided excerpt.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.

Risk Assessment

Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may impact future performance or strategy.

Key Numbers

Key Players & Entities

FAQ

What specific changes were made to the board of directors?

The filing indicates the election of directors and departure of directors, but the specific names and details of these changes are not provided in the excerpt.

Are there any details on the new compensatory arrangements for officers?

The filing mentions updates to compensatory arrangements of certain officers, but specific details or dollar amounts are not included in the provided text.

What is the exact date of the earliest event reported in this 8-K?

The earliest event reported is dated October 5, 2024.

What is C3.ai's principal executive office address?

C3.ai's principal executive offices are located at 1400 Seaport Blvd, Redwood City, CA 94063.

What is the Commission File Number for C3.ai?

C3.ai's Commission File Number is 001-39744.

From the Filing

0001628280-24-042601.txt : 20241009 0001628280-24-042601.hdr.sgml : 20241009 20241009160144 ACCESSION NUMBER: 0001628280-24-042601 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241005 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241009 DATE AS OF CHANGE: 20241009 FILER: COMPANY DATA: COMPANY CONFORMED NAME: C3.ai, Inc. CENTRAL INDEX KEY: 0001577526 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 263999357 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39744 FILM NUMBER: 241362800 BUSINESS ADDRESS: STREET 1: 1400 SEAPORT BLVD CITY: REDWOOD CITY STATE: CA ZIP: 94063 BUSINESS PHONE: 650-503-2200 MAIL ADDRESS: STREET 1: 1400 SEAPORT BLVD CITY: REDWOOD CITY STATE: CA ZIP: 94063 FORMER COMPANY: FORMER CONFORMED NAME: C3 IoT, Inc. DATE OF NAME CHANGE: 20180123 FORMER COMPANY: FORMER CONFORMED NAME: C3, Inc. DATE OF NAME CHANGE: 20130522 8-K 1 ai-20241005.htm 8-K ai-20241005 0001577526 false 0001577526 2024-10-05 2024-10-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 5, 2024 C3.AI, INC. (Exact name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation) 1400 Seaport Blvd Redwood City, CA (Address of Principal Executive Offices) 001-39744 (Commission File Number) 26-3999357 (IRS Employer Identification No.) 94063 (Zip Code) ( 650 ) 503-2200 (Registrant's Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.001 per share AI New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On October 5, 2024, the board of directors (the “ Board ”) of C3.ai, Inc. (the “ Company ”) elected General John E. Hyten, Ret. to the Board, effective immediately. Gen. Hyten was elected as a Class II director to hold office until the Company’s 2025 Annual Meeting of Stockholders and until his successor has been duly elected and qualified or until his

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