Form 4: Jesse Feldman of Battery Ventures Reports Changes in Beneficial Ownership of Sprinklr, Inc. (CXM)

Jesse Feldman, a director of Sprinklr, Inc., reported gifting shares of Class A Common Stock and changes in beneficial ownership due to indirect holdings through various Battery Ventures entities.

Summary

• On December 8, 2023, Jesse Feldman gifted 72,133 shares of Sprinklr's Class A Common Stock.
• On December 11, 2023, Jesse Feldman gifted 61,867 shares of Sprinklr's Class A Common Stock.
• Following these transactions, Feldman directly owns 229,880 shares of Class A Common Stock.
• Feldman also indirectly owns shares through Battery Ventures IX, L.P., Battery Investment Partners IX, LLC, Battery Investment Partners Select Fund I, L.P., and Battery Ventures Select Fund I, L.P.
• Feldman disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in stock ownership, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common for individuals holding significant positions and equity in publicly traded companies.

Stakeholder Impact

• The gifting of shares by a director could be perceived neutrally by stakeholders, as it doesn't necessarily indicate a change in the company's prospects.

Key Dates