Sprinklr (NYSE: CXM) grants CFO Anthony Coletta 476,357 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coletta Anthony reported acquisition or exercise transactions in this Form 4 filing.
Sprinklr, Inc. granted its Chief Financial Officer, Anthony Coletta, a large equity award in the form of restricted stock units. The grant covers 476,357 RSUs of Class A Common Stock at no cash cost to him, reflecting compensation rather than an open-market purchase.
According to the vesting schedule, one-third of the RSUs will vest on March 15, 2027, with the remaining units vesting in eight substantially equal installments on each June 15, September 15, December 15 and March 15 thereafter, as long as he remains in continuous service. After this award, he directly holds 966,552 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coletta Anthony
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 476,357 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 966,552 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Sprinklr (CXM) report for CFO Anthony Coletta?
Sprinklr reported that CFO Anthony Coletta received a grant of 476,357 restricted stock units of Class A Common Stock. This is a stock-based compensation award, not an open-market share purchase, and increases his direct ownership stake in the company.
What is the vesting schedule for the 476,357 RSUs granted by Sprinklr (CXM)?
One-third of the 476,357 restricted stock units will vest on March 15, 2027. The remaining RSUs will vest in eight substantially equal installments on each June 15, September 15, December 15, and March 15, subject to Anthony Coletta’s continuous service to Sprinklr.
Why is the Sprinklr (CXM) RSU grant to the CFO important for investors?
The RSU grant increases the CFO’s equity stake, aligning part of his compensation with Sprinklr’s long-term performance. Because the award vests over multiple future dates, it also provides an incentive for continued service and focus on the company’s share value.