CXM insider tax-withholding sale: 258,214 shares at $7.48 avg
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprinklr, Inc. (CXM) reported an insider transaction by its President & CEO (also a Director). On 11/06/2025, the executive sold 258,214 shares of Class A Common Stock at a weighted average price of $7.48. The filing states the sale was to cover statutory tax withholding from vested RSUs via a mandated “sell to cover” and was not a discretionary sale. Following the transaction, the reporting person beneficially owned 1,879,286 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 258,214 shares ($1,931,441)
Net Sell
1 txn
Insider
READ RORY P
Role
President & CEO
Sold
258,214 shs ($1.93M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 258,214 | $7.48 | $1.93M |
Holdings After Transaction:
Class A Common Stock — 1,879,286 shares (Direct)
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 $7.39 to $7.565 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 transaction did CXM report?
The President & CEO (also a Director) sold 258,214 shares of Class A Common Stock on 11/06/2025.
What class of security was involved in the CXM transaction?
Class A Common Stock of Sprinklr, Inc.
Was this a discretionary sale by the CXM insider?
No. The filing states it was a mandated sell-to-cover to satisfy tax withholding on RSU vesting.