Sprinklr Executive's $23.9M Share Dump Signals Potential Shift in Insider Confidence

Rhea-AI Filing Summary

Sprinklr Director Thomas Ragy Files Form 144 for Major Stock Sale

Director Thomas Ragy has filed a Form 144 notice indicating intention to sell 3,000,000 Class A Common Shares of Sprinklr through Citigroup Global Markets. The proposed sale has an aggregate market value of $23,940,600, with shares to be sold on the NYSE around June 27, 2025.

Key details:

• Ragy originally acquired 29,353,296 Class B shares from the issuer in June 2021, which will be converted to Class A shares upon sale
• Recent trading activity shows Ragy sold 1,506 shares on April 29, 2025 ($11,626) and 3,000,000 shares on June 18, 2025 ($23,820,000)
• Total outstanding shares: 256,647,000
• Sale complies with average 4-week trading volume requirements

The filing includes standard attestation that the seller has no knowledge of undisclosed material adverse information regarding Sprinklr's operations.

Positive

• None.

Negative

• Director Ragy Thomas plans to sell 3,000,000 shares worth $23.9M, representing a significant insider sale following another recent large sale of $23.8M in June 2025
• The combined sales of over $47M in less than two months by the same director could signal reduced confidence in the company's near-term prospects

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/27/2025 - 03:24 PM Learn about SEC filing dates

FAQ

How many shares is CXM Director Thomas Ragy planning to sell according to the Form 144 filed on June 28, 2025?

According to the Form 144 filing, Thomas Ragy plans to sell 3,000,000 Class A Common Shares of Sprinklr (CXM) through Citigroup Global Markets, Inc., with an aggregate market value of $23,940,600.00.

What is the trading history of CXM's Thomas Ragy in the past 3 months before the Form 144 filing?

In the 3 months prior to the Form 144 filing, Ragy Thomas made two sales: 1,506 Class A Common Shares on April 29, 2025, for gross proceeds of $11,626.32, and 3,000,000 shares on June 18, 2025, for gross proceeds of $23,820,000.00.

How did CXM Director Thomas Ragy originally acquire the shares being sold?

According to the filing, Ragy acquired 29,353,296 shares as Class B shares from the issuer on June 1, 2021. These Class B shares were then converted to Class A shares on the sale date.

What is the total number of CXM shares outstanding as of the Form 144 filing?

According to the Form 144 filing, Sprinklr (CXM) had 256,647,000 shares outstanding at the time of the filing.

When does CXM Director Thomas Ragy plan to execute the proposed sale?

According to the Form 144 filing, the approximate date of sale is indicated as June 27, 2025, and the shares will be sold on the NYSE.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001866802
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Sprinklr, Inc.
SEC File Number	001-40528
Address of Issuer	441 9TH AVE 12TH FLOOR NEW YORK NEW YORK 10001
Phone	(917) 933-7800
Name of Person for Whose Account the Securities are To Be Sold	Thomas Ragy
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Shares	Citigroup Global Markets, Inc. 388 Greenwich Street New York NY 10013	3000000	23940600.00	256647000	06/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Shares	06/01/2021	Acquired as Class B shares on June 2021, which were then converted to Class A shares on sale date.	Issuer			29353296	06/01/2021	Acquired as Class B shares on June 2021, which were then converted to Class A shares on sale date.

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Ragy Thomas 441 9th Avenue 12th Floor New York NY 10001	Class A Common Shares	04/29/2025	1506	11626.32
Ragy Thomas 441 9th Avenue 12th Floor New York NY 10001	Class A Common Shares	06/18/2025	3000000	23820000.00

144: Remarks and Signature

Remarks	The number of shares to be sold is within the average of the previous 4-weeks trading volume calculation.
Date of Notice	06/27/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Ragy Thomas
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)