Sprinklr (CXM) CTO share sale covers tax on RSU vesting at $7.78
Rhea-AI Filing Summary
Sprinklr, Inc.'s Chief Technology Officer reported a sale of 9,099 shares of Class A common stock on December 16, 2025 at a weighted average price of $7.78 per share.
The footnotes explain that these shares were sold to cover statutory tax withholding obligations arising from the vesting of restricted stock units under the company’s equity incentive plans, and that this was a mandated "sell to cover" transaction rather than a discretionary sale.
After this transaction, the reporting officer directly beneficially owns 584,627 shares of Sprinklr Class A common stock.
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FAQ
What insider transaction did Sprinklr (CXM) report for its Chief Technology Officer?
The Chief Technology Officer reported the sale of 9,099 shares of Sprinklr Class A common stock on December 16, 2025 at a weighted average price of $7.78 per share.
Was the Sprinklr (CXM) CTO share sale a discretionary transaction?
No. The filing states the shares were sold to cover statutory tax withholding obligations tied to vesting restricted stock units, under an issuer election that requires a "sell to cover" transaction, and that this does not represent a discretionary sale by the reporting person.
At what prices were the Sprinklr (CXM) CTO shares sold?
The reported weighted average sale price was $7.78 per share. The shares were sold in multiple transactions at prices ranging from $7.67 to $7.845, inclusive.
How many Sprinklr (CXM) shares does the CTO own after the reported transaction?
Following the tax-related share sale, the reporting officer directly beneficially owns 584,627 shares of Sprinklr Class A common stock.
What type of security was involved in this Sprinklr (CXM) insider transaction?
The transaction involved Class A common stock of Sprinklr, Inc., sold in connection with tax withholding on the vesting of restricted stock units.
Why were Sprinklr (CXM) shares sold in connection with restricted stock unit vesting?
The filing explains that the issuer elected under its equity incentive plans to satisfy minimum statutory tax withholding obligations through a mandated "sell to cover" transaction when restricted stock units vest.