Sprinklr (CXM) director Stephen Ward granted 51,021 RSUs, now holds 87,088 shares
Rhea-AI Filing Summary
WARD JR STEPHEN M reported acquisition or exercise transactions in this Form 4 filing.
Sprinklr, Inc. director Stephen M. Ward Jr. received an equity compensation grant of 51,021 shares of Class A common stock in the form of restricted stock units. Following this award, he holds 87,088 shares directly. The grant consists of two RSU awards: 37,174 units vest in full on the earlier of June 11, 2027 or the day prior to Sprinklr’s 2027 annual stockholder meeting, and 13,847 units vest in four equal quarterly installments on specified dates from September 11, 2026 through June 11, 2027, subject to his continuous service.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to Sprinklr director, vesting through mid-2027.
The filing shows Stephen M. Ward Jr., a director of Sprinklr, Inc., receiving 51,021 restricted stock units of Class A common stock as compensation, with no cash paid per share. This is coded as an acquisition (grant/award), not an open-market purchase.
The RSUs vest over time: 37,174 units cliff-vest by the earlier of June 11, 2027 or the day before the 2027 annual stockholder meeting, while 13,847 units vest in four quarterly tranches between September 11, 2026 and June 11, 2027. Vesting depends on his continuous service.
After this grant, Ward holds 87,088 shares directly, indicating the award is meaningful but appears to be a standard board compensation structure rather than a discretionary market transaction. No derivative positions or 10b5-1 sales are reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 51,021 | $0.00 | -- |
Footnotes (1)
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