Insider Notice: Manish Sarin Plans Sale of 37,008 CXM Shares on 09/16/2025
Rhea-AI Filing Summary
Insider sale notice for Sprinklr, Inc. (CXM) reports an intended sale of 37,008 common shares through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $286,675.07 and an approximate sale date of 09/16/2025. The shares were acquired on 09/15/2025 as restricted stock vesting under a registered plan and were paid for on the acquisition date. The filing also discloses multiple recent sales by the same person, Manish Sarin: 174,749 shares on 07/09/2025 for $220,212.00, 600 shares on 07/08/2025 for $5,400.00, 24,468 shares on 07/07/2025 for $1,584,973.43, and 35,744 shares on 06/16/2025 for $292,175.03. The filer certifies no undisclosed material adverse information.
Positive
- Source of shares disclosed as restricted stock vesting under a registered plan, clarifying these are compensation-related shares
- Broker and exchange identified (Morgan Stanley Smith Barney LLC, NYSE), indicating standard institutional handling
Negative
- Relationship to issuer not provided in the excerpt, so the filer’s exact role or insider status is not explicitly stated
- Concentrated recent insider selling by the same person across multiple dates in June–July 2025, which may warrant investor attention
Insights
TL;DR: Routine insider sale of newly vested restricted stock; proceeds and volumes are modest relative to typical market caps.
The filing shows a planned sale of 37,008 vested shares executed through a broker on 09/16/2025 and documents several recent insider disposals by Manish Sarin in June and July 2025. The source of the shares is explicitly restricted stock vesting under a registered plan, indicating these are compensation-related distributions rather than open-market transfers from external holdings. The disclosure and broker routing are standard for Rule 144 notices and include the required certification about material non-public information.
TL;DR: Disclosure is complete for Rule 144 purposes; transaction appears administrative rather than signal of corporate distress.
The form identifies the nature of acquisition (restricted stock vesting) and recent disposals by the same individual, which supports transparency on insider liquidity actions. The absence of a stated relationship field in the provided excerpt means the filing does not explicitly label the filer’s corporate role here; however, the required certification about lack of undisclosed adverse information is present. From a governance perspective, the filing fulfills routine reporting obligations under Rule 144.