Sprinklr CIO awarded 280,210 RSUs in stock grant
Macwan Sanjay reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Macwan Sanjay reported acquisition or exercise transactions in this Form 4 filing.
Sprinklr, Inc. Chief Information Officer Sanjay Macwan received an equity compensation grant of 280,210 shares of Class A Common Stock in the form of restricted stock units. These RSUs were awarded at no cash purchase price and increase his direct holdings to 580,210 shares following the grant.
According to the vesting schedule, one-third of the RSUs will vest on March 15, 2027, and the remaining units will vest in eight substantially equal quarterly installments on each subsequent June 15, September 15, December 15 and March 15, as long as he remains in continuous service with the company on each vesting date. This reflects a routine, time-based executive compensation award rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 280,210 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a restricted stock unit ("RSU") award. One-third (1/3rd) of the RSUs will vest on March 15, 2027 and the remainder will vest in eight substantially equal installments on each subsequent June 15, September 15, December 15 and March 15, subject to the Reporting Person's continuous service to the Issuer on each such vesting date.
FAQ
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What did Sprinklr (CXM) disclose about Sanjay Macwan in this Form 4?
What is the vesting schedule for Sanjay Macwan’s Sprinklr (CXM) RSU award?
Is Sanjay Macwan’s Sprinklr (CXM) RSU award subject to any conditions?
AI-generated analysis. How Rhea-AI works. Not financial advice.