secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2026-05-12T12:17:45+00:00
Accession:  0001193125-26-218253
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai founder Siebel resumes CEO role; Q4 revenue $51.6M, non-GAAP ops loss better than guidance
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- Thomas M. Siebel resumes CEO and Chairman roles; Stephen Ehikian becomes President.
- Preliminary Q4 FY2026 revenue $51.6M (within $48-52M guidance); GAAP ops loss $121.2M.
- Non-GAAP ops loss $54.4M, better than $56-64M guidance; FY total revenue $250.3M.
- Restructuring plan yields ~$135M annualized non-GAAP cost savings; workforce actions substantially complete.
- Cash, equivalents, and investments at $575.4M as of April 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000119312526218253/0001193125-26-218253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000119312526218253/d147244d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-218253

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer