Sprinklr (CXM) general counsel Scott Jacob sells 71,585 shares in 10b5-1 trade
Rhea-AI Filing Summary
Sprinklr, Inc. general counsel and corporate secretary Scott Jacob reported a sale of 71,585 shares of Class A Common Stock on August 10, 2026 at a weighted average price of about $6.97 per share. The trade was executed under a Rule 10b5-1 trading plan adopted on October 15, 2025, and Jacob now directly holds 576,827 shares. The shares were sold in multiple transactions at prices ranging from $6.95 to $6.99 per share.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 71,585 shares
Net Sell
1 txn
Insider
Scott Jacob
Role
GENERAL COUNSEL AND CORP. SEC.
Sold
71,585 shs ($499K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 71,585 | $6.97 | $499K |
Holdings After Transaction:
Class A Common Stock — 576,827 shares (Direct)
Footnotes (2)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 15, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.95 to $6.99 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.
Key Figures
Shares sold: 71,585 shares
Weighted average sale price: $6.97 per share
Post-transaction holdings: 576,827 shares
+3 more
6 metrics
Shares sold
71,585 shares
Class A Common Stock sold on August 10, 2026
Weighted average sale price
$6.97 per share
Average price for the 71,585 shares sold
Post-transaction holdings
576,827 shares
Directly owned Class A Common Stock after the sale
Sale price range low
$6.95 per share
Lowest price within the reported sale range
Sale price range high
$6.99 per share
Highest price within the reported sale range
10b5-1 plan adoption date
October 15, 2025
Date the reporting person adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"
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.
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title: Class A Common Stock for the reported transaction"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Sprinklr (CXM) insider Scott Jacob report in this Form 4?
Scott Jacob reported a sale of 71,585 shares of Sprinklr Class A Common Stock on August 10, 2026. The transaction was executed under a Rule 10b5-1 trading plan and left him with 576,827 shares owned directly.
Was the Sprinklr (CXM) insider sale made under a Rule 10b5-1 plan?
Yes. A footnote states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 15, 2025. The filing’s 10b5-1 checkbox is also affirmatively marked.
Who is the insider involved in this Sprinklr (CXM) Form 4 filing and what is his role?
The reporting person is Scott Jacob, who serves as general counsel and corporate secretary of Sprinklr, Inc. He filed to report a sale of 71,585 Class A Common shares executed on August 10, 2026.