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.
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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.
At what price were the Sprinklr (CXM) shares sold in this insider transaction?
The 9,942 shares of Sprinklr Class A common stock were sold at a weighted average price of $7.78 per share, based on multiple trades between $7.67 and $7.845.
Why did the Sprinklr officer sell 9,942 shares of CXM stock?
The filing states the sale represents shares required to be sold to cover statutory tax withholding obligations related to the vesting of restricted stock units, under a mandated "sell to cover" arrangement in Sprinklr’s equity incentive plans.
How many Sprinklr (CXM) shares does the officer own after this transaction?
Following the reported sale, the officer beneficially owned 426,388 shares of Sprinklr Class A common stock.
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.