CXM Schedule 13G/A: Ragy Thomas Discloses 55.4M Shares Beneficially Owned

Rhea-AI Filing Summary

Ragy Thomas and three related trusts report substantial ownership in Sprinklr, Inc. Mr. Thomas beneficially owns a total of 55,411,259 shares and is shown with 32,067,751 shares of sole voting power and 23,343,508 shares of shared voting power. The filing details Mr. Thomas holdings across classes: 177,765 Class A, 22,892,365 Class B, 8,994,621 Class B issuable on exercisable options and 3,000 Class B issuable on imminent RSU vesting. The three trusts hold 8,129,863, 13,106,677 and 1,996,523 Class B shares respectively, with Mr. Thomas as trustee and holding shared voting and dispositive power for those trust holdings.

Percentages reported are based on the issuer's 10-Q share counts and a conversion of 5,791,931 Class B shares into Class A by Mr. Thomas; the filing shows the aggregate beneficial ownership represents 27.2% of Class A and combined Class A and Class B percentages of 20.7% for Mr. Thomas.

Positive

• Material, transparent disclosure of total beneficial ownership (55,411,259 shares) and breakdown by voting/dispositive power
• Clear identification of trust holdings and Mr. Thomas's role as trustee, which clarifies control relationships

Negative

• Concentrated ownership (27.2% of Class A) may centralize voting influence and limit minority shareholder influence
• Significant holdings across classes and conversions create complexity in voting dynamics that may raise governance questions

Insights

Financial Analyst

TL;DR: Insider control is large—55.4M shares and 27.2% of Class A gives Mr. Thomas meaningful ownership and voting influence.

The Schedule 13G/A discloses that Ragy Thomas directly and indirectly beneficially owns 55,411,259 shares across classes, with 32,067,751 shares held with sole voting power and 23,343,508 with shared voting power. The filing also details exercisable options and RSUs that add to near-term potential conversion into voting shares. These holdings are material relative to reported outstanding share counts used in the filing and are likely to be a key factor in any governance or control analysis.

Corporate Governance Expert

TL;DR: Concentrated insider ownership via trusts is material and relevant to board and shareholder dynamics.

The disclosure shows Mr. Thomas serves as trustee of multiple trusts holding a combined material stake in Class B shares, and he reports shared voting and dispositive power over those trust holdings. That structure centralizes influence while maintaining formal distinctions between individual and trust ownership. For governance assessment, the mix of sole and shared voting/dispositive power and recent conversions between classes are important factual details for evaluating control, but the filing does not state any changes to voting agreements or governance actions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

SPRINKLR, INC.

(Name of Issuer)

CLASS A COMMON STOCK, $0.00003 PAR VALUE

(Title of Class of Securities)

85208T107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 85208T107

1

Names of Reporting Persons

Ragy Thomas

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 32,067,751.00
6	Shared Voting Power 23,343,508.00
7	Sole Dispositive Power 32,067,751.00
8	Shared Dispositive Power 23,343,508.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

55,411,259.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

27.2 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 85208T107

1

Names of Reporting Persons

Thomas 2014 Family Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW JERSEY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,129,863.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,129,863.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,129,863.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 85208T107

1

Names of Reporting Persons

Thomas Family 2017 Irrevocable Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEVADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 13,106,677.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 13,106,677.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,106,677.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.1 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 85208T107

1

Names of Reporting Persons

The Family Trust Under the RT GRAT Dtd 11/11/19 2019

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW JERSEY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,996,523.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,996,523.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,996,523.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.3 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SPRINKLR, INC.
(b)	Address of issuer's principal executive offices: 441 9th Avenue, 12th Floor, NEW YORK, NY, 10001.
Item 2.
(a)	Name of person filing: Ragy Thomas ("Mr. Thomas") Thomas 2014 Family Trust (the "2014 Trust") Thomas Family 2017 Irrevocable Trust (the "2017 Trust") The Family Trust Under the RT GRAT Dtd 11/11/19 2019 (the "2019 Family Trust", and together with Mr. Thomas, 2014 Trust, and 2017 Trust, the "Reporting Persons")
(b)	Address or principal business office or, if none, residence: c/o Sprinklr, Inc. 441 9th Avenue, 12th Floor New York, NY 10001
(c)	Citizenship: Mr. Thomas is a United States Citizen. The 2014 Trust and 2019 Family Trust are governed under the laws of the State of New Jersey. The 2017 Trust is governed under the laws of the State of Nevada.
(d)	Title of class of securities: CLASS A COMMON STOCK, $0.00003 PAR VALUE
(e)	CUSIP No.: 85208T107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See responses to Item 9 on the attached cover pages. Mr. Thomas holds 177,765 shares of the Issuer's Class A Common Stock, (ii) 22,892,365 shares of the Issuer's Class B Common Stock, (iii) 8,994,621 shares of the Issuer's Class B Common Stock issuable upon the exercise of stock options that are currently or will be exercisable within 60 days of June 30, 2025 and (iv) 3,000 shares of the Issuer's Class B Common Stock issuable upon the vesting of restricted stock units within 60 days of June 30, 2025. Mr. Thomas's spouse holds 110,445 shares of the Issuer's Class B Common Stock. The 2014 Trust holds 8,129,863 shares of the Issuer's Class B Common Stock. Mr. Thomas is a trustee of the 2014 Trust and holds shared voting and dispositive power of the securities held by the 2014 Trust. The 2017 Trust holds 13,106,677 shares of the Issuer's Class B Common Stock. Mr. Thomas is a trustee of the 2017 Trust and holds shared voting and dispositive power of the securities held by the 2017 Trust. The 2019 Family Trust holds 1,996,523 shares of the Issuer's Class B Common Stock. Mr. Thomas is a trustee of the 2019 Family Trust and holds shared voting and dispositive power of the securities held by the 2019 Family Trust.
(b)	Percent of class: See responses to Item 11 on the attached cover pages. Each of the Mr. Thomas, 2014 Trust, 2017 Trust and 2019 Trust may be deemed to beneficially own 27.2%, 5.2%, 8.1% and 1.3% of Class A Common Stock, and 20.7%, 3.1%, 5.1% and 0.8% of Class A Common Stock and Class B Common Stock combined, respectively. These percentages are calculated based upon (i) 142,831,141 outstanding shares of the Issuer's Class A Common Stock and 116,006,701 outstanding shares of the Issuer's Class B Common Stock as of May 31, 2025, as reported in the Issuer's Form 10-Q for the quarter ended April 30, 2025 and filed with the Securities and Exchange Commission on June 5, 2025 (the "10-Q") and (ii) 5,791,931 shares of Class B Common Stock converted into Class A Common Stock by Mr. Thomas subsequent to the filing of the 10-Q before the quarter ending June 30, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See responses to Item 5 on the attached cover pages.
	(ii) Shared power to vote or to direct the vote: See responses to Item 6 on the attached cover pages.
	(iii) Sole power to dispose or to direct the disposition of: See responses to Item 7 on the attached cover pages.
	(iv) Shared power to dispose or to direct the disposition of: See responses to Item 8 on the attached cover pages.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ragy Thomas

Signature:	/s/ Ragy Thomas
Name/Title:	Ragy Thomas
Date:	08/11/2025

Thomas 2014 Family Trust

Signature:	/s/ Ragy Thomas
Name/Title:	Ragy Thomas, Trustee
Date:	08/11/2025

Thomas Family 2017 Irrevocable Trust

Signature:	/s/ Ragy Thomas
Name/Title:	Ragy Thomas, Trustee
Date:	08/11/2025

The Family Trust Under the RT GRAT Dtd 11/11/19 2019

Signature:	/s/ Ragy Thomas
Name/Title:	Ragy Thomas, Trustee
Date:	08/11/2025

Comments accompanying signature: A: Joint Filing Agreement (Incorporated by reference to Exhibit A to the Schedule 13G, filed with the Securities and Exchange Commission on February 14, 2022)

FAQ

How many Sprinklr (CXM) shares does Ragy Thomas beneficially own?

Ragy Thomas beneficially owns 55,411,259 shares in aggregate according to the filing.

What percentage of Class A common stock does Ragy Thomas own in Sprinklr (CXM)?

The filing reports Mr. Thomas beneficially owns 27.2% of Class A common stock based on the issuer's reported share counts used in the filing.

What voting power does Ragy Thomas report in the Schedule 13G/A for CXM?

Mr. Thomas reports 32,067,751 shares with sole voting power and 23,343,508 shares with shared voting power.

Do trusts related to Ragy Thomas hold Sprinklr (CXM) shares?

Yes. The filing shows the Thomas 2014 Family Trust holds 8,129,863 Class B shares, the Thomas Family 2017 Irrevocable Trust holds 13,106,677 Class B shares, and the 2019 Family Trust holds 1,996,523 Class B shares.

Are there option or RSU holdings included in Mr. Thomas's ownership for CXM?

Yes. The filing discloses 8,994,621 Class B shares issuable upon exercise of options exercisable within 60 days and 3,000 Class B shares issuable upon RSU vesting within 60 days.