STOCK TITAN

Insider Sell-to-Cover: Sprinklr (CXM) GC Sells 6,688 Shares at $7.75 Avg

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Scott Jacob, General Counsel of Sprinklr, Inc. (CXM), reported a non-discretionary sell-to-cover transaction on 09/16/2025 in connection with the vesting of restricted stock units. The Form 4 shows 6,688 shares of Class A common stock were sold at a weighted average price of $7.75 (sales ranged from $7.67 to $7.81) to satisfy statutory tax withholding obligations. After the transaction, the Reporting Person beneficially owned 434,976 shares. The sale is described as mandated by the issuer’s equity plan and not a discretionary sale by the Reporting Person. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/18/2025.

Positive

  • Transaction was non-discretionary and conducted to satisfy statutory tax withholding obligations, per the filing
  • Form 4 filed and signed (via attorney-in-fact), indicating compliance with Section 16 reporting requirements

Negative

  • Reported disposal of 6,688 shares reduced the reporting person's beneficial ownership to 434,976 shares

Insights

TL;DR: Routine, non-discretionary sell-to-cover for tax withholding; no evidence of discretionary insider selling.

The filing documents a mandatory sell-to-cover of 6,688 shares tied to RSU vesting, a common administrative action under equity incentive plans. The disclosure specifies the transaction was required by the issuer to satisfy minimum statutory tax withholding and expressly states it was not a discretionary sale. Beneficial ownership remains at 434,976 shares after the transaction. From a governance perspective, the form follows Section 16 reporting norms and signals standard compliance with equity plan mechanics rather than a change in insider sentiment.

TL;DR: Small, administrative sale; limited potential market impact given the size and stated purpose.

The weighted-average sale price reported is $7.75 with execution prices between $7.67 and $7.81. The number of shares sold (6,688) represents the shares required to cover withholding for vested RSUs; the filer retains 434,976 shares beneficially. The disclosure is explicit about the sell-to-cover nature, reducing the likelihood this reflects a voluntary liquidity event by the insider. This filing alone provides no operational or financial performance information about the company.

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).
1. Name and Address of Reporting Person*
Scott Jacob

(Last) (First) (Middle)
C/O SPRINKLR, INC.
441 9TH AVENUE, 12TH FLOOR

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
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.
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/16/2025 S(1) 6,688 D $7.75(2) 434,976 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 $7.67 to $7.81 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.
/s/ Laura Acton, Attorney-in-Fact 09/18/2025
** 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.

FAQ

What did Sprinklr (CXM) insider Scott Jacob report on the Form 4?

The Form 4 reports a sell-to-cover of 6,688 Class A shares on 09/16/2025 to satisfy tax withholding from vested RSUs.

At what price were the Sprinklr (CXM) shares sold in the Form 4 transaction?

The weighted average price reported was $7.75, with individual sale prices ranging from $7.67 to $7.81.

How many Sprinklr (CXM) shares does the reporting person own after the transaction?

After the reported transaction, the reporting person beneficially owned 434,976 shares.

Was the sale by Scott Jacob a discretionary insider sale?

No. The filing states the sale was mandated by the issuer’s equity plan as a sell-to-cover to satisfy minimum statutory tax withholding and did not represent a discretionary sale.

When was the Form 4 signed and filed for the Sprinklr (CXM) transaction?

The Form 4 includes an attorney-in-fact signature dated 09/18/2025.
Sprinklr Inc

NYSE:CXM

CXM Rankings

CXM Latest News

CXM Latest SEC Filings

CXM Stock Data

1.98B
124.21M
5.98%
93.41%
5.51%
Software - Application
Services-prepackaged Software
Link
United States
NEW YORK