Form 4: Sprinklr CEO Ragy Thomas Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sprinklr CEO Ragy Thomas sold 11,195 shares of Class A Common Stock on June 17, 2024, to cover statutory tax withholding obligations related to vesting restricted stock units.
Summary
- On June 17, 2024, Ragy Thomas, the CEO of Sprinklr, Inc., sold 11,195 shares of Class A Common Stock.
- The sale was executed to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a weighted average price of $8.87, with individual transactions ranging from $8.83 to $8.90.
- Following the transaction, Thomas directly owns 1,064,084 shares of Sprinklr's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among executives of publicly traded companies. This transaction is a routine part of executive compensation and tax management.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of the stock sale transaction. |
| 06/20/2024 | Date of signature on the Form 4 filing. |
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