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Insider Trading Arrangements
3 Months Ended 6 Months Ended
Oct. 31, 2024
shares
Oct. 31, 2024
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
Trading Arrangements
During our last fiscal quarter, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated the contracts, instructions or written plans for the purchase or sale of our securities set forth in the table below.
Name and Position
Action
Date
Rule 10b5-1*
Non-Rule 10b5-1**
Total Shares of Class A Common Stock to be SoldTotal Shares of Class A Common Stock to be PurchasedExpiration Date
Thomas M. Siebel***
Chairman and Chief Executive Officer
Adoption
September 20, 2024
X
12,783,602 — December 17, 2026
Hitesh Lath
Senior Vice President and Chief Financial Officer
AdoptionSeptember 27, 2024
X
39,963
— June 30, 2025
Merel Witteveen
Senior Vice President, Operations
AdoptionSeptember 27, 2024
X
71,437 — June 30, 2025
Stephen M. Ward Jr.
Director
AdoptionSeptember 27, 2024
X
150,000
— June 30, 2025
Richard C. Levin
Director
AdoptionSeptember 29, 2024
X
72,000
— June 30, 2025
* Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
** “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act.
*** Under the terms of this plan, which commences in January 2025, the maximum number of shares that Mr. Siebel may sell in any month is approximately 2% of the then fully-diluted equity of the Company held by him and his affiliates. As a result, after each sale, approximately 98% of his fully-diluted equity holdings will remain.
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Thomas M. Seibel [Member]    
Trading Arrangements, by Individual    
Name Thomas M. Siebel  
Title Chairman and Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date September 20, 2024  
Expiration Date December 17, 2026  
Arrangement Duration 818 days  
Aggregate Available 12,783,602 12,783,602
Hitesh Lath [Member]    
Trading Arrangements, by Individual    
Name Hitesh Lath  
Title Senior Vice President and Chief Financial Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date September 27, 2024  
Expiration Date June 30, 2025  
Arrangement Duration 276 days  
Aggregate Available 39,963 39,963
Merel Witteveen [Member]    
Trading Arrangements, by Individual    
Name Merel Witteveen  
Title Senior Vice President, Operations  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date September 27, 2024  
Expiration Date June 30, 2025  
Arrangement Duration 276 days  
Aggregate Available 71,437 71,437
Stephen M. Ward, Jr. [Member]    
Trading Arrangements, by Individual    
Name Stephen M. Ward Jr.  
Title Director  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date September 27, 2024  
Expiration Date June 30, 2025  
Arrangement Duration 276 days  
Aggregate Available 150,000 150,000
Richard C. Levin [Member]    
Trading Arrangements, by Individual    
Name Richard C. Levin  
Title Director  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date September 29, 2024  
Expiration Date June 30, 2025  
Arrangement Duration 274 days  
Aggregate Available 72,000 72,000