Sprinklr, Inc. (CXM) officer share sale to cover RSU tax withholding obligations
Rhea-AI Filing Summary
Sprinklr, Inc. reported a routine insider transaction by an officer who serves as General Counsel and Corporate Secretary. On December 16, 2025, the officer sold 9,942 shares of Class A common stock at a weighted average price of $7.78.
According to the footnotes, the shares were sold to cover statutory tax withholding obligations triggered by the vesting of restricted stock units under the company’s equity incentive plans, and the sale was not discretionary. After this transaction, the officer beneficially owned 426,388 shares, which includes 1,354 shares acquired under Sprinklr’s employee stock purchase plan on December 15, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,942 | $7.78 | $77K |
Footnotes (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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.67 to $7.845 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. Includes 1,354 shares acquired under the Issuer's employee stock purchase plan on December 15, 2025.
FAQ
What insider transaction did Sprinklr, Inc. (CXM) report in this filing?
An officer of Sprinklr, Inc. reported selling 9,942 shares of Class A common stock on December 16, 2025, as shown in Table I.
What is included in the reported beneficial ownership for the Sprinklr officer?
The 426,388 shares of beneficial ownership include 1,354 shares acquired under Sprinklr’s employee stock purchase plan on December 15, 2025.
What is the reporting person’s relationship to Sprinklr, Inc. (CXM)?
The reporting person is identified as an officer of Sprinklr, serving as General Counsel and Corporate Secretary, and files the report as a single reporting person.