Sprinklr (NYSE: CXM) counsel sells 16,380 shares to cover tax withholding

Rhea-AI Filing Summary

Sprinklr, Inc. general counsel and corporate secretary Scott Jacob reported an open-market sale of 16,380 shares of Class A common stock at a weighted average price of $5.30 per share. According to the disclosure, this sale was mandated to cover statutory tax withholding obligations tied to vesting restricted stock units and was not a discretionary trade. After the transaction, Jacob directly holds 651,136 shares, which include 2,724 shares acquired through the company’s employee stock purchase plan on June 15, 2026.

Insights

Equity compensation and insider-trading analyst

Mandated tax sale; routine equity-compensation event.

The transaction shows Scott Jacob, Sprinklr’s general counsel, selling 16,380 shares at a weighted average of $5.30 per share. Footnotes clarify the sale was required to satisfy statutory tax withholding on vesting restricted stock units under a mandated “sell to cover” arrangement.

This means the disposition is mechanical rather than a discretionary decision about Sprinklr’s prospects, a weak informational signal for investors. Jacob retains 651,136 shares after the sale, indicating he continues to hold a sizable equity stake, while also adding 2,724 shares through the employee stock purchase plan on June 15, 2026.

Insider Trade Summary

Net Seller: 16,380 shares ($86,814)

Net Sell 1 txn

Insider Scott Jacob

Role GENERAL COUNSEL AND CORP. SEC.

Sold 16,380 shs ($87K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	16,380	$5.30	$87K

Holdings After Transaction: Class A Common Stock — 651,136 shares (Direct, null)

Footnotes (1)

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 $5.24 to $5.33 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. Includes 2,724 shares acquired under the Issuer's employee stock purchase plan on June 15, 2026.

Key Figures

Shares sold: 16,380 shares Weighted average sale price: $5.30 per share Post-transaction holdings: 651,136 shares +2 more

5 metrics

Shares sold 16,380 shares Open-market sale on June 16, 2026

Weighted average sale price $5.30 per share Tax-related sale to cover RSU withholding

Post-transaction holdings 651,136 shares Direct ownership after reported sale

Sale price range $5.24–$5.33 per share Multiple trades within disclosed range

ESPP shares acquired 2,724 shares Acquired under employee stock purchase plan on June 15, 2026

Key Terms

restricted stock units, sell to cover, statutory tax withholding obligations, employee stock purchase plan, +1 more

5 terms

restricted stock units financial

"in connection with the vesting of the restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

sell to cover financial

"to be funded by a "sell to cover" transaction"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

statutory tax withholding obligations financial

"to cover the statutory tax withholding obligations in connection"

employee stock purchase plan financial

"Includes 2,724 shares acquired under the Issuer's employee stock purchase plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Scott Jacob

(Last) (First) (Middle)

C/O SPRINKLR, INC.

441 9TH AVENUE, 12TH FLOOR

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sprinklr, Inc. [ CXM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GENERAL COUNSEL AND CORP. SEC.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/16/2026		S(1)		16,380	D	$5.3(2)	651,136(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.24 to $5.33 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.

3. Includes 2,724 shares acquired under the Issuer's employee stock purchase plan on June 15, 2026.

	/s/ Laura Acton, Attorney-in-Fact	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sprinklr (CXM) insider Scott Jacob report in this Form 4?

Scott Jacob reported selling 16,380 shares of Sprinklr Class A common stock at a weighted average price of $5.30 per share. The sale was tied to tax withholding on vesting restricted stock units and was executed under a mandated “sell to cover” arrangement.

Was Scott Jacob’s Sprinklr (CXM) share sale a discretionary trade?

The filing states the sale was not discretionary. Shares were sold to cover statutory tax withholding obligations from vesting restricted stock units under Sprinklr’s equity plans, which require a “sell to cover” transaction rather than a voluntary decision to reduce holdings.

How many Sprinklr (CXM) shares did Scott Jacob hold after the transaction?

After the tax-related sale, Scott Jacob directly held 651,136 shares of Sprinklr Class A common stock. This post-transaction figure includes shares acquired through equity incentives and reflects his ongoing ownership stake following the reported Form 4 transaction.

At what prices were the Sprinklr (CXM) shares sold in Jacob’s Form 4?

The reported sale used a weighted average price of $5.30 per share. Footnotes explain the 16,380 shares were sold in multiple transactions, with individual trade prices ranging from $5.24 to $5.33 per share, all executed within that disclosed price band.

Did Scott Jacob acquire any additional Sprinklr (CXM) shares around this filing?

Yes. A footnote states his holdings include 2,724 shares acquired under Sprinklr’s employee stock purchase plan on June 15, 2026. This purchase-plan acquisition is separate from the tax-related sale and increases his overall equity exposure to the company.

What is the main purpose of the Form 4 filed by Sprinklr (CXM) counsel Scott Jacob?

The Form 4 discloses an insider sale of 16,380 Sprinklr shares primarily to satisfy statutory tax withholding from restricted stock unit vesting. It also updates Jacob’s total direct holdings to 651,136 shares, giving investors an accurate picture of his current equity position.