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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 68,673 | $7.78 | $534K |
Footnotes (1)
- Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.67 to $7.845 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.
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.
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.
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.