Sprinklr (CXM) CEO sells 138,505 shares in Rule 10b5-1 stock plan
Rhea-AI Filing Summary
Sprinklr, Inc. (CXM) reported an insider stock sale by its President & CEO, Rory P. Read. On January 14, 2026, he sold 138,505 shares of Class A common stock at a weighted average price of $7.13 per share, with individual sale prices ranging from $7.04 to $7.24. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan that he adopted on October 15, 2025. After this sale, he beneficially owned 1,672,108 shares of Sprinklr Class A common stock held directly.
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FAQ
What insider transaction did Sprinklr (CXM) report in this Form 4?
The filing reports that Rory P. Read, Sprinklr's President & CEO and a director, sold 138,505 shares of Class A common stock on January 14, 2026.
At what price did the Sprinklr CEO sell CXM shares?
The sale was reported at a weighted average price of $7.13 per share, with individual trades executed in a price range of $7.04 to $7.24 per share.
How many Sprinklr (CXM) shares does Rory P. Read hold after this transaction?
Following the reported sale, Rory P. Read beneficially owned 1,672,108 shares of Sprinklr Class A common stock, held directly.
Was the Sprinklr CEO sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the sale was made pursuant to a Rule 10b5-1 trading plan adopted by Rory P. Read on October 15, 2025.
Who is the reporting person in this Sprinklr (CXM) Form 4 filing?
The reporting person is Rory P. Read, who is identified as a Director and Officer of Sprinklr, serving as President & CEO.
Is there detail on how the Sprinklr CEO sale was executed?
The filing notes that the reported sale price is a weighted average and that the shares were sold in multiple transactions between $7.04 and $7.24. It also states the reporting person will provide full breakdowns of the trades upon request.