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CXM Form 144: Planned $502k share sale disclosed by insider

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sprinklr, Inc. (CXM) – Form 144 filing overview

An insider has filed a Form 144 indicating an intent to sell up to 62,422 common shares of Sprinklr. The proposed sale, to be executed through Morgan Stanley Smith Barney LLC, carries an aggregate market value of $502,497.10 based on the price at filing. Relative to the company’s 142,831,141 shares outstanding, the contemplated sale represents roughly 0.04 % of float.

The filer previously sold 6,458 shares on 16-Jun-2025 for gross proceeds of $52,761.86. The upcoming sale is targeted for 20-Jun-2025 on the NYSE. The shares being sold were originally acquired as restricted stock units (RSUs) on 30-Dec-2021; no cash consideration was paid at acquisition.

No other financial metrics, earnings data, or strategic disclosures accompany the notice. By signing the form, the insider attests that they are not in possession of undisclosed material adverse information.

Positive

  • None.

Negative

  • Planned insider sale of 62,422 shares may be perceived negatively by some investors despite representing only 0.04 % of outstanding equity.

Insights

TL;DR – Minor insider sale (0.04 % float); limited market impact.

The filing signals an individual’s intent to monetize RSUs worth roughly half-a-million dollars. Given the tiny fraction of shares versus total outstanding, liquidity impact is negligible and does not materially alter ownership structure. Still, any insider sale may prompt short-term sentiment questions, especially following a smaller disposal four days earlier. Absence of related corporate news reduces the likelihood of informational content; therefore, I view the disclosure as routine and immaterial to valuation.

TL;DR – Routine 144 filing; governance implications minimal.

The Form 144 complies with regulatory requirements, outlining RSU-derived share sales under Rule 144. No evidence of a 10b5-1 trading plan is disclosed, but the filer certifies no undisclosed adverse information. Transaction size is well below thresholds that might suggest control or strategic divestiture. Consequently, the event does not raise governance red flags, though investors often monitor insider patterns for sentiment cues.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

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

The filer intends to sell 62,422 common shares.

What is the value of the proposed CXM share sale?

The aggregate market value stated is $502,497.10.

When is the approximate sale date for the CXM shares?

The shares are expected to be sold on 20-Jun-2025.

What percentage of Sprinklr’s outstanding shares does the sale represent?

About 0.04 % of the company’s 142,831,141 shares outstanding.

Were there recent insider sales prior to this notice?

Yes. The same insider sold 6,458 shares on 16-Jun-2025 for $52,761.86.
Sprinklr Inc

NYSE:CXM

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1.98B
124.36M
5.98%
93.41%
5.51%
Software - Application
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United States
NEW YORK