STOCK TITAN

Sprinklr (CXM) General Counsel awarded 280,210 RSUs, sells shares to cover taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sprinklr, Inc. General Counsel Scott Jacob reported a new equity award and a small related share sale. He received a grant of 280,210 restricted stock units of Class A Common Stock at no cost, with one-twelfth scheduled to vest on June 15, 2026 and the remaining RSUs vesting in eleven substantially equal installments on later March, June, September, and December 15 dates, subject to continued service.

On March 16, 2026, 20,141 shares of Class A Common Stock were sold at a weighted average price of $5.85 per share, within a range of $5.765 to $5.91. According to the disclosure, this sale was mandated to cover statutory tax withholding obligations arising from RSU vesting under the company’s equity plans and was not a discretionary sale by Jacob. After these transactions, Jacob directly held 664,792 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant plus tax sell-to-cover; minimal signaling impact.

Sprinklr’s General Counsel, Scott Jacob, received a sizeable RSU award of 280,210 Class A shares, vesting gradually from June 15, 2026 over subsequent quarterly dates, contingent on continued service. This is standard executive equity compensation, aligning pay with long-term share performance.

The 20,141 shares sold at a weighted average of $5.85 per share were explicitly to cover statutory tax withholding tied to RSU vesting, using a mandated “sell to cover” mechanism. Because this disposition was not discretionary and Jacob still holds 664,792 shares afterward, the filing reads as routine compensation administration rather than a directional bet on the stock.

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*
Scott Jacob

(Last) (First) (Middle)
C/O SPRINKLR, INC.
441 9TH AVENUE, 12TH FLOOR

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
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)
GENERAL COUNSEL AND CORP. SEC.
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/15/2026 A 280,210(1) A $0 684,933 D
Class A Common Stock 03/16/2026 S(2) 20,141 D $5.85(3) 664,792 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 a restricted stock unit ("RSU") award. One-twelfth (1/12th) of the RSUs will vest on June 15, 2026 and the remainder will vest in eleven substantially equal installments on each subsequent September 15, December 15, March 15 and June 15, subject to the Reporting Person's continuous service to the Issuer on each such vesting date.
2. 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.
3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.765 to $5.91 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 03/17/2026
** 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.

FAQ

What did Sprinklr (CXM) executive Scott Jacob report in this Form 4?

Scott Jacob reported a grant of 280,210 restricted stock units and a related sale of 20,141 Class A shares. The sale was used solely to cover statutory tax withholding from RSU vesting, and he retained 664,792 shares afterward.

How many RSUs did Sprinklr (CXM) grant to Scott Jacob and how do they vest?

Sprinklr granted Scott Jacob 280,210 restricted stock units of Class A Common Stock. One-twelfth will vest on June 15, 2026, with the remaining RSUs vesting in eleven substantially equal installments on later March, June, September, and December 15 dates, subject to continued service.

Was Scott Jacob’s sale of Sprinklr (CXM) shares a discretionary trade?

No, the 20,141 shares were sold solely to cover statutory tax withholding on RSU vesting. The company’s equity plans require a “sell to cover” transaction, so this disposition did not represent a discretionary decision to sell shares by Jacob.

At what price were the Sprinklr (CXM) shares sold to cover taxes?

The 20,141 Class A shares were sold at a weighted average price of $5.85 per share. Individual trades occurred in a price range from $5.765 to $5.91, with detailed breakdowns available upon request to the company or regulators.

How many Sprinklr (CXM) shares does Scott Jacob own after these transactions?

Following the RSU grant and the tax-related sale, Scott Jacob directly holds 664,792 shares of Sprinklr Class A Common Stock. This remaining stake indicates he continues to have substantial equity exposure to the company’s performance after the routine withholding sale.

What does the RSU award mean for Sprinklr (CXM) shareholders?

The RSU award ties Scott Jacob’s compensation to Sprinklr’s future share performance over a multi-year vesting schedule. While it introduces some future share issuance as units vest, it is a standard executive incentive structure rather than a one-time, market-moving transaction.
Sprinklr Inc

NYSE:CXM

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124.34M
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