[144] Meta Platforms, Inc. SEC Filing

Rhea-AI Filing Summary

Sprinklr, Inc. (NYSE: CXM) – Form 144 filing

An insider (identified in the filing as Manish Sarin) has notified the SEC of a planned disposition of 199,817 common shares through Morgan Stanley Smith Barney on or about 07 Jul 2025. At the recent market price used in the filing, the transaction is valued at ≈ $1.75 million. The shares represent roughly 0.14 % of Sprinklr’s 142.8 million shares outstanding.

Background data show the shares stem from:

• 194,449 RSUs that vested/acquired on 15 Jun 2024
• 5,368 ESPP shares purchased on 15 Dec 2022

The same insider sold 35,744 shares on 16 Jun 2025 for $292,028, as disclosed in the “Securities sold during the past 3 months” section.

This filing does not obligate the insider to sell but signals intent under Rule 144. While the dollar amount is modest relative to CXM’s market capitalization, repeated insider sales can be viewed as a mild negative sentiment indicator by some investors.

Positive

• Low ownership dilution: proposed sale represents only ~0.14 % of shares outstanding, posing no material dilution risk.
• Regulatory transparency: timely Rule 144 notice provides advance visibility into insider transactions.

Negative

• Insider selling: planned disposition of 199,817 shares plus recent 35,744-share sale may be interpreted as reduced insider confidence.
• Sentiment impact: consecutive sales within a short window could exert modest technical pressure on CXM shares.

Insights

Equity Research Analyst

TL;DR: Insider intends to sell 200k CXM shares (~0.14% O/S) worth $1.75 m; signal mildly negative but not financially material.

The Form 144 shows CFO-level insider Manish Sarin planning to sell ~200k shares, largely RSU-derived, via Morgan Stanley on 7 Jul 2025. Together with a 35.7k share sale last month, cumulative disposals equal ~0.17 % of shares outstanding—immaterial to float but notable for sentiment. No operational or financial metrics are disclosed, so the move does not change fundamentals or guidance. Historically, Sprinklr insiders have executed periodic 10b5-1 sales; the aggregate value here (~$2 m) is small versus CXM’s multi-billion valuation. I view the filing as low-impact, slightly negative for perception, neutral for valuation.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Shares	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	517	370953.00	2171148098	07/07/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	05/15/2025	Restricted Stock Unit Lapse	Meta Platforms, Inc.			517	05/15/2025	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	04/07/2025	608	296814.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	04/14/2025	608	338322.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	04/21/2025	406	199626.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	04/22/2025	202	101000.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	04/28/2025	608	337768.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	05/05/2025	608	359936.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	05/12/2025	608	383800.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	05/19/2025	517	324805.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	05/27/2025	517	328507.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	06/02/2025	517	333429.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	06/09/2025	517	360866.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	06/16/2025	517	361523.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	06/23/2025	517	353354.00
JAVIER OLIVAN 1 META WAY MENLO PARK CA 94025	Meta Platforms, Inc	06/30/2025	517	383083.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Sprinklr (CXM) shares are insiders planning to sell?

The Form 144 states an intention to sell 199,817 common shares.

What is the value of the proposed insider sale in CXM?

Based on the filing’s reference price, the shares are valued at approximately $1.75 million.

When is the CXM insider sale expected to occur?

The approximate sale date listed is 07 July 2025.

How significant is the sale relative to Sprinklr’s total shares outstanding?

The 199,817 shares equal about 0.14 % of the 142.8 million shares outstanding.

Did the insider sell any CXM shares recently?

Yes. The filing notes a 35,744-share sale on 16 June 2025 generating $292,028 in gross proceeds.

Does the Form 144 guarantee that the insider will sell the shares?

No. Form 144 is a notice of intent under Rule 144; the insider may choose not to execute the sale.