Insider Sell-to-Cover: Sprinklr CTO Disposes 9,244 Shares
Rhea-AI Filing Summary
Insider transaction reported for Sprinklr, Inc. (CXM). Chief Technology Officer Amitabh Misra reported a sell-to-cover transaction on 09/16/2025 in connection with the vesting of restricted stock units. The report shows 9,244 shares of Class A common stock were sold at a weighted average price of $7.75 (individual trade prices ranged from $7.67 to $7.81). After the sale, the reporting person beneficially owns 593,726 shares of Class A common stock. The filing was executed by an attorney-in-fact and includes an explanation that the sale was mandated to satisfy statutory tax withholding obligations and not a discretionary sale.
Positive
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Negative
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Insights
TL;DR: Routine sell-to-cover by an officer to meet tax withholding; disclosed quantities and weighted average price are clearly reported.
The Form 4 discloses a non-discretionary disposal of 9,244 shares at a weighted average price of $7.75 to satisfy tax withholding on vested restricted stock units. This is a common equity compensation mechanics event and the filing provides a price range ($7.67–$7.81) and the post-transaction beneficial ownership (593,726 shares). From a disclosure perspective, the filing is complete and transparent, showing compliance with the issuer's equity plan procedures. There is no indication in the filing of additional discretionary sales or changes to equity compensation terms.
TL;DR: Governance process observed: mandated sell-to-cover executed and documented by attorney-in-fact, consistent with plan rules.
The report demonstrates that the company enforced its equity incentive plan's sell-to-cover mechanism for tax withholding and that the reporting officer complied with required Section 16 reporting. The signature by an attorney-in-fact is properly included. The filing contains the explanatory footnotes clarifying the nature of the sale and the weighted average price range. There are no governance red flags or indications of atypical insider trading behavior in this document alone.