CXM Form 144 Notifies Sale of 9,244 Vested Shares on NYSE
Rhea-AI Filing Summary
Sprinklr, Inc. (CXM) reported a Form 144 notifying the proposed sale of 9,244 common shares with an aggregate market value of $71,606.80. The shares were acquired on 09/15/2025 as restricted stock vesting under a registered plan from the issuer and the approximate sale date is listed as 09/16/2025 on the NYSE. The filing also discloses that the same account sold 35,710 shares on 06/16/2025 for gross proceeds of $291,897.11. The filer affirms no undisclosed material adverse information and includes the standard Rule 144 representations.
Positive
- Planned sale is disclosed clearly with share count, market value, broker, exchange, and approximate date
- Acquisition source is specified as restricted stock vesting under a registered plan dated 09/15/2025
- Includes prior-sale disclosure showing 35,710 shares sold on 06/16/2025 for $291,897.11, meeting historical reporting requirements
- Filer affirms no undisclosed material adverse information, consistent with Rule 144 representations
Negative
- None.
Insights
TL;DR Routine Form 144 filing for shares vested from an issuer plan; planned sale is small and previously active trading occurred.
The notice reflects a standard disclosure under Rule 144 for the planned disposition of 9,244 vested restricted shares with an aggregate value of $71,606.80, to occur on 09/16/2025. The filer also reported a recent sale of 35,710 shares on 06/16/2025 generating $291,897.11. From a market-impact perspective, the filing merely documents compliance with resale rules; it does not include issuer financials or operational updates that would affect valuation.
TL;DR Filing meets Rule 144 disclosure requirements and includes the required seller representation.
The Form 144 states acquisition details (restricted stock vesting on 09/15/2025), the broker used, the exchange (NYSE), and the representation that no material nonpublic information is known. The notice lists prior sales in the past three months, satisfying the historical-sales disclosure requirement. Contact and some issuer relationship fields in the provided content are blank or redacted; the signature/attention language and criminal warning are present as required.