Sprinklr (CXM) CEO reports 68,673-share sale for RSU tax withholding
Rhea-AI Filing Summary
Sprinklr, Inc. disclosed that its President & CEO, who also serves as a director, sold 68,673 shares of Class A common stock on December 16, 2025 at a weighted average price of $7.78 per share. The sale was made to cover statutory tax withholding obligations arising from the vesting of restricted stock units under the company’s equity incentive plans and is described as a mandated “sell to cover” transaction rather than a discretionary sale by the insider. Following this transaction, the reporting person beneficially owned 1,810,613 Sprinklr Class A shares directly.
Positive
- None.
Negative
- None.
FAQ
What insider stock transaction did Sprinklr (CXM) report?
Sprinklr reported that its President & CEO, who is also a director, sold 68,673 shares of Class A common stock on December 16, 2025 at a weighted average price of $7.78 per share.
Why were 68,673 Sprinklr (CXM) shares sold by the insider?
The filing states the shares were sold to cover statutory tax withholding obligations related to the vesting of restricted stock units, under a mandated “sell to cover” election in Sprinklr’s equity incentive plans.
Was the Sprinklr (CXM) insider sale described as discretionary?
No. The transaction is described as a mandated “sell to cover” sale for tax withholding and is explicitly noted as not a discretionary sale by the reporting person.
How many Sprinklr (CXM) shares does the insider own after the sale?
After the reported transaction, the insider beneficially owned 1,810,613 shares of Sprinklr Class A common stock, held directly.
What was the price range for the Sprinklr (CXM) shares sold in this transaction?
The reported $7.78 price is a weighted average. The shares were sold in multiple transactions at prices ranging from $7.67 to $7.845 per share.
What type of equity award triggered the tax withholding sale at Sprinklr (CXM)?
The sale was made to cover taxes due upon the vesting of restricted stock units granted under Sprinklr’s equity incentive plans.