Form 4: Sprinklr CEO Thomas Ragy Sells Shares to Cover Tax Obligations

Sprinklr's CEO, Thomas Ragy, sold 11,742 shares of Class A Common Stock on March 18, 2024, to cover statutory tax withholding obligations related to vesting restricted stock units.

Summary

• On March 18, 2024, Thomas Ragy, the CEO of Sprinklr, Inc., sold 11,742 shares of Class A Common Stock.
• The sale was executed at a weighted average price ranging from $12.92 to $13.195 per share.
• The purpose of the sale was to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
• Following the transaction, Ragy directly owns 438,214 shares of Sprinklr's Class A Common Stock.

Sentiment

Score: 6

Explanation: The document reflects a neutral event (selling shares to cover taxes). It's a routine transaction and doesn't necessarily indicate positive or negative sentiment towards the company's future prospects.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest. It does not necessarily indicate a change in the executive's confidence in the company.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates