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C3.ai founder Thomas Siebel sold $5.15 million of stock a day after the upgrade, under a plan set in 2024
One trading day after Northland's upgrade lifted C3.ai as much as 10%, a preset trading plan exercised founder-CEO Thomas Siebel's options and sold $5.15 million of stock. By Friday the shares had fallen 8.9% and options traders had bought 199,761 calls, 403% above normal.
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