Sprinklr (CXM) CEO Rory Read discloses February 2026 stock sales under 10b5-1 plan
Rhea-AI Filing Summary
Sprinklr, Inc. President & CEO Rory P. Read reported recent trades in the company’s Class A common stock. On February 5, 2026, he sold 78,043 shares at a weighted average price of $6.02, and on February 6, 2026 he sold 87,795 shares at a weighted average price of $6.00. These 2026 sales were made under a Rule 10b5-1 trading plan adopted on October 15, 2025. Earlier, he bought 20 shares at $7.60 on November 18, 2024 and sold 20 shares at $6.85 on April 21, 2025. After the latest sale, he directly owns 1,506,270 Class A shares.
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Insights
CEO’s planned stock sales modestly trim holdings but leave a large remaining stake.
Rory P. Read, Sprinklr’s President & CEO, disclosed multiple trades in Class A common stock. The most recent were sales of 78,043 shares at a weighted average $6.02 on February 5, 2026 and 87,795 shares at a weighted average $6.00 on February 6, 2026.
These 2026 transactions were executed under a Rule 10b5-1 trading plan adopted on October 15, 2025, which indicates a pre-arranged selling program rather than ad hoc trades. Earlier, he made a small purchase of 20 shares at $7.60 in November 2024 and a sale of 20 shares at $6.85 in April 2025.
After the February 2026 sales, Read directly holds 1,506,270 Class A shares. That remaining position is substantial relative to the reported sales, so the filing mainly updates ownership records rather than signaling a major change in his economic exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 87,795 | $6.00 | $527K |
| Sale | Class A Common Stock | 78,043 | $6.02 | $470K |
| Sale | Class A Common Stock | 20 | $6.85 | $137.00 |
| Purchase | Class A Common Stock | 20 | $7.60 | $152.00 |
Footnotes (1)
- The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.59 to $7.84 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.77 to $7.08 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (4) and (5). This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 15, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.05 inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.04 inclusive.