Sprinklr (CXM) awards 455,341 RSUs to Chief Product & CSO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Suri Karthik reported acquisition or exercise transactions in this Form 4 filing.
Sprinklr, Inc. reported a Form 4 showing Chief Product & CSO Karthik Suri receiving an equity compensation grant of 455,341 shares of Class A Common Stock in the form of restricted stock units (RSUs) at no cash cost to him.
According to the vesting schedule, one-third of the RSUs will vest on March 15, 2027, with the remaining units vesting in eight substantially equal installments on each subsequent June 15, September 15, December 15, and March 15, as long as he continues serving the company on those dates. After this award, Suri directly holds 1,174,293 shares of Sprinklr Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Suri Karthik
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 455,341 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,174,293 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Sprinklr (CXM) disclose for Karthik Suri?
Sprinklr disclosed that Chief Product & CSO Karthik Suri received a grant of 455,341 Class A Common Stock RSUs. The award is equity compensation, not a cash purchase, and is structured to vest over multiple future dates, subject to his continued service.
How many Sprinklr (CXM) RSUs were granted to Karthik Suri and how do they vest?
Karthik Suri was granted 455,341 restricted stock units in Sprinklr Class A Common Stock. One-third vests on March 15, 2027, and the remaining RSUs vest in eight substantially equal installments on later June 15, September 15, December 15 and March 15 dates, contingent on continued service.
Is Karthik Suri’s Sprinklr (CXM) RSU grant an open-market stock purchase?
No, the 455,341-share award is classified as a grant or award acquisition, not an open-market purchase. It represents restricted stock units granted as compensation at a stated price of $0.0000 per share, subject to a multi-year vesting schedule tied to continued employment.
What are Karthik Suri’s Sprinklr (CXM) holdings after this RSU award?
Following the reported RSU grant, Karthik Suri holds 1,174,293 shares of Sprinklr Class A Common Stock directly. This figure reflects his position after the acquisition recorded in the Form 4 and provides context for the size of the new compensation-related award.
What conditions apply to vesting of Karthik Suri’s Sprinklr (CXM) RSUs?
The RSUs vest over time only if Karthik Suri continues serving Sprinklr on each vesting date. One-third vests on March 15, 2027, and the remainder vests in eight substantially equal quarterly-style installments on specified June, September, December and March dates thereafter.