Director Eileen Schloss receives 41,821 RSU grant at Sprinklr (NYSE: CXM)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprinklr, Inc. director Eileen Schloss received an equity compensation grant of 41,821 restricted stock units representing Class A Common Stock. The award carries no cash exercise price and will vest in full on the earlier of June 11, 2027, or the day prior to Sprinklr’s 2027 annual stockholder meeting, provided she remains in continuous service. Following this grant, Schloss directly holds 178,637 shares of Class A Common Stock reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schloss Eileen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 41,821 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 178,637 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 41,821 shares
Grant price: $0.00 per share
Post-transaction holdings: 178,637 shares
+1 more
4 metrics
RSU grant size
41,821 shares
Restricted stock unit award of Class A Common Stock
Grant price
$0.00 per share
Reported transaction price for RSU award
Post-transaction holdings
178,637 shares
Class A Common Stock held after grant
RSU vesting date
June 11, 2027
Or day prior to 2027 annual stockholder meeting
Key Terms
restricted stock unit ("RSU"), vest in full, continuous service, annual stockholder meeting
4 terms
restricted stock unit ("RSU") financial
"Represents a restricted stock unit ("RSU") award."
vest in full financial
"The RSUs will vest in full on the earlier of (i) June 11, 2027"
continuous service financial
"subject to the Reporting Person's continuous service through such vesting date"
annual stockholder meeting financial
"the day prior to the date of the Issuer's 2027 annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
What did Sprinklr (CXM) director Eileen Schloss report in this Form 4?
Director Eileen Schloss reported receiving 41,821 restricted stock units of Sprinklr Class A Common Stock as an equity grant. These units were awarded at no cash cost and increase her direct reported holdings to 178,637 shares after the transaction.
When do Eileen Schloss’s Sprinklr (CXM) RSUs from this grant vest?
The 41,821 RSUs vest in full on the earlier of June 11, 2027, or the day before Sprinklr’s 2027 annual stockholder meeting. Vesting is conditioned on her continuous service with the company through that vesting date, according to the footnote disclosure.
Was there a purchase price for the Sprinklr (CXM) RSUs granted to Eileen Schloss?
The RSUs were granted at a reported price of $0.00 per share, indicating an equity compensation award rather than a market purchase. Such grants typically reflect director or employee compensation structures rather than open-market buying activity.
Is Eileen Schloss’s Sprinklr (CXM) Form 4 transaction a buy or a grant?
The Form 4 records a grant of 41,821 restricted stock units to Eileen Schloss, classified as a grant or award acquisition. It is not an open-market purchase or sale, but a compensation-related equity award with vesting conditions tied to future service.