Sprinklr (CXM) director reports 24,952-share sale for RSU tax withholding
Rhea-AI Filing Summary
Sprinklr, Inc. reported that one of its directors sold 24,952 shares of Class A common stock on 12/16/2025 at a weighted average price of $7.78. According to the disclosure, these shares were sold to satisfy statutory tax withholding obligations in connection with the vesting of restricted stock units under the company’s equity incentive plans, and the sale was mandated by the issuer’s “sell to cover” election rather than being a discretionary trade by the director. After this transaction, the director directly beneficially owns 712,349 Sprinklr shares. The sale occurred through multiple trades at prices ranging from $7.67 to $7.845 per share.
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FAQ
What insider transaction did Sprinklr (CXM) report in this filing?
Sprinklr (CXM) reported that a director sold 24,952 shares of its Class A common stock on 12/16/2025, as shown in Table I of the filing.
How many Sprinklr (CXM) shares were sold and at what prices?
The director sold 24,952 Class A shares at a weighted average price of $7.78 per share. The shares were sold in multiple transactions at prices ranging from $7.67 to $7.845 per share.
Why were the Sprinklr (CXM) shares sold in this transaction?
The filing states that the 24,952 shares represent the amount required to cover statutory tax withholding obligations arising from the vesting of restricted stock units. The sale was mandated by Sprinklr’s equity incentive plan “sell to cover” election and is described as not a discretionary sale by the director.
How many Sprinklr (CXM) shares does the director own after the sale?
Following the reported transaction, the director beneficially owns 712,349 shares of Sprinklr Class A common stock in direct ownership form, as disclosed in Table I.
What type of security was involved in this Sprinklr (CXM) insider trade?
The transaction involved Class A Common Stock of Sprinklr, Inc., as specified in Table I of the filing.
How was the sale price reported for this Sprinklr (CXM) transaction?
The sale price is reported as a weighted average of $7.78 per share. The filing notes that the shares were sold in multiple trades between $7.67 and $7.845, and the director has agreed to provide full breakout details upon request.