[144] Sprinklr, Inc. SEC Filing

Rhea-AI Filing Summary

Sprinklr, Inc. (NYSE: CXM) – Form 144 insider sale notice

Officer Scott Michael Harvey has filed a Form 144 indicating an intent to sell 121,057 Class A common shares through Morgan Stanley Smith Barney on or after 26 June 2025. Based on the filing’s stated aggregate market value of $995,088.54, the planned sale represents roughly 0.085% of the 142,831,141 shares outstanding. The securities were acquired via restricted-stock-unit (RSU) vesting on 15 December 2024 and 15 March 2025.

The officer previously sold 13,964 shares for $114,085.88 on 16 June 2025. A written Rule 10b5-1 trading plan was adopted on 27 March 2025, and the filer certifies that no undisclosed material adverse information is known. The filing is LIVE and was signed on 26 June 2025.

Key takeaways

• Proposed sale size is modest in relation to total shares but could be monitored for continued insider selling trends.
• Use of a 10b5-1 plan and timely Form 144 filing indicates procedural compliance and mitigates information asymmetry concerns.
• No financial performance data or strategic updates are included; the document focuses solely on the intended disposition of insider-held shares.

Positive

• Use of a pre-arranged Rule 10b5-1 trading plan (adopted 03/27/2025) enhances transparency and reduces insider-trading risk.

Negative

• Officer intends to sell 121,057 shares (~$1.0 million), signalling insider liquidation albeit modest in percentage terms.
• Prior sale of 13,964 shares within the last three months indicates an ongoing disposition trend.

Insights

Securities Analyst

TL;DR – Small insider sale; neutral market impact given size and 10b5-1 plan.

The proposed divestiture of 121,057 shares (≈0.085% of shares outstanding) is immaterial to CXM’s float and trading liquidity. Gross proceeds of about $1 million are negligible versus Sprinklr’s market capitalization. Adoption of a 10b5-1 plan on 27 March 2025 reduces potential signalling risk and suggests the transaction is pre-programmed rather than event-driven. Although repeat sales (13,964 shares earlier in June) warrant observation, the data provided do not indicate fundamental issues at the company. I therefore view the filing as neutral for valuation and stock performance.

Corporate Governance Expert

TL;DR – Routine Rule 144 filing; minor negative optics due to ongoing officer sales.

From a governance lens, Harvey’s continued share disposals shortly after RSU vesting may raise questions about long-term alignment, even if dollar amounts are small. Nonetheless, strict adherence to Rule 144 disclosure, live filing status, and the presence of a 10b5-1 plan demonstrate sound compliance practices. Given the limited scale, I classify the event as not materially impactful, but investors may monitor insider-sale velocity for trend changes.

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	0001994546
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 Avenue, 12th Floor New York NEW YORK 10001
Phone	9179337800
Name of Person for Whose Account the Securities are To Be Sold	SCOTT MICHAEL HARVEY
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	Officer

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	121057	995088.54	142831141	06/26/2025	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 *
Common	12/15/2024	Restricted Stock Units	Issuer			121057	12/15/2024	N/A

* 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
SCOTT MICHAEL HARVEY 441 9th Avenue, 12th Floor New York NY 10001	Common	06/16/2025	13964	114085.88

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units on 12/15/2024 and 03/15/2025.
Date of Notice	06/26/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/27/2025
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/ Scott Michael Harvey
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Sprinklr (CXM) shares are being sold under this Form 144?

The filing covers 121,057 Class A common shares.

What is the estimated market value of the proposed sale?

The aggregate market value is $995,088.54 according to the form.

Who is selling the shares and what is their role at Sprinklr?

The seller is Scott Michael Harvey, an officer of Sprinklr.

When was the Rule 10b5-1 trading plan adopted?

The plan was adopted on 27 March 2025.

How many shares has the officer sold in the past three months?

The form discloses 13,964 shares sold on 16 June 2025 for $114,085.88.

What percentage of outstanding shares does the planned sale represent?

Approximately 0.085% of the 142,831,141 shares outstanding.