Sprinklr (CXM) general counsel sells 2,724 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprinklr, Inc. general counsel and corporate secretary Scott Jacob reported an open-market sale of 2,724 shares of Class A Common Stock at $4.97 per share. After this transaction, he directly holds 648,412 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 15, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,724 shares ($13,538)
Net Sell
1 txn
Insider
Scott Jacob
Role
GENERAL COUNSEL AND CORP. SEC.
Sold
2,724 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,724 | $4.97 | $14K |
Holdings After Transaction:
Class A Common Stock — 648,412 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,724 shares
Sale price: $4.97 per share
Shares held after sale: 648,412 shares
+2 more
5 metrics
Shares sold
2,724 shares
Open-market sale of Class A Common Stock
Sale price
$4.97 per share
Price for 2,724 shares sold
Shares held after sale
648,412 shares
Direct ownership after transaction
Net shares sold
2,724 shares
Net buy/sell shares in this Form 4
Rule 10b5-1 plan adoption date
October 15, 2025
Date trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Sprinklr (CXM) report for Scott Jacob?
Sprinklr reported that Scott Jacob, its general counsel and corporate secretary, sold 2,724 shares of Class A Common Stock in an open-market transaction at $4.97 per share, and continues to hold 648,412 shares directly after the sale.
Was the Sprinklr (CXM) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was conducted under a Rule 10b5-1 trading plan adopted by Scott Jacob on October 15, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary market-timing decisions.
What type of security did Scott Jacob trade in Sprinklr (CXM)?
The transaction involved Sprinklr’s Class A Common Stock. The Form 4 specifies a non-derivative open-market sale of 2,724 shares at $4.97 per share, followed by a reported direct ownership of 648,412 shares after the sale.
How many Sprinklr (CXM) insider sales are reported in this Form 4?
This Form 4 reports a single insider transaction: one open-market sale of 2,724 shares of Class A Common Stock at $4.97 per share. There are no derivative transactions, gifts, or tax-withholding entries disclosed in this filing.