Sprinklr CIO sells shares to cover RSU taxes

Sprinklr, Inc. Chief Information Officer Sanjay Macwan reported an open-market sale of 27,277 shares of Class A common stock at a weighted average price of $5.30 per share.

Rhea-AI Filing Summary

Sprinklr, Inc. Chief Information Officer Sanjay Macwan reported an open-market sale of 27,277 shares of Class A common stock at a weighted average price of $5.30 per share. The shares were sold solely to cover statutory tax withholding owed on vesting restricted stock units under the company’s equity plans. After this mandated “sell to cover” transaction, he continues to hold 552,933 shares directly.

Insider Trade Summary

Net Seller: 27,277 shares

Net Sell 1 txn

Insider Macwan Sanjay

Role Chief Information Officer

Sold 27,277 shs ($145K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	27,277	$5.30	$145K

Holdings After Transaction: Class A Common Stock — 552,933 shares (Direct)

Footnotes (2)

1. F1. Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
2. F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.24 to $5.33 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 range set forth in this footnote.

Key Figures

Shares sold: 27,277 shares Weighted average sale price: $5.30 per share Post-transaction holdings: 552,933 shares +1 more

4 metrics

Shares sold 27,277 shares Open-market sale on 2026-06-16

Weighted average sale price $5.30 per share Class A common stock sale

Post-transaction holdings 552,933 shares Direct ownership after sale

Price range of trades $5.24–$5.33 per share Multiple transactions within range

Key Terms

restricted stock units, statutory tax withholding obligations, sell to cover, weighted average price

4 terms

restricted stock units financial

"in connection with the vesting of the restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

statutory tax withholding obligations financial

"shares required to be sold to cover the statutory tax withholding obligations"

sell to cover financial

"funded by a "sell to cover" transaction and does not represent a discretionary sale"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

weighted average price financial

"The price reported is a weighted average price. These shares were sold"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Sprinklr (CXM) report for Sanjay Macwan?

Sprinklr reported that Chief Information Officer Sanjay Macwan sold 27,277 shares of Class A common stock. The sale was linked to tax withholding on vested restricted stock units rather than a discretionary decision to reduce his investment in the company.

Why did Sprinklr CIO Sanjay Macwan sell 27,277 CXM shares?

The 27,277 shares were sold to cover statutory tax withholding obligations triggered by the vesting of restricted stock units. Under Sprinklr’s equity incentive plans, these tax obligations are funded through a mandatory “sell to cover” transaction instead of an elective open-market sale.

At what price were the Sprinklr (CXM) shares sold by the CIO?

The reported sale used a weighted average price of $5.30 per share. Footnotes state the actual trades occurred in multiple transactions at prices ranging from $5.24 to $5.33, and full price breakdowns are available on request from the reporting person.

How many Sprinklr (CXM) shares does the CIO hold after this transaction?

Following the tax-related sale, Sanjay Macwan directly holds 552,933 shares of Sprinklr Class A common stock. This indicates he retains a substantial equity position in the company after satisfying the required statutory tax withholding from his RSU vesting.

Was the Sprinklr CIO’s sale of CXM shares a discretionary trade?

The filing states the sale was not discretionary. It was mandated by Sprinklr’s election under its equity incentive plans, which require minimum statutory tax withholding obligations from RSU vesting to be funded through an automatic “sell to cover” transaction rather than a voluntary share sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/18/2026 - 04:15 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Macwan Sanjay

(Last) (First) (Middle)

C/O SPRINKLR, INC.

441 9TH AVENUE, 12TH FLOOR

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sprinklr, Inc. [ CXM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/16/2026		S(1)		27,277	D	$5.3(2)	552,933	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.24 to $5.33 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 range set forth in this footnote.

	/s/ Laura Acton, Attorney-in-Fact	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)