4/A: Sprinklr CFO Manish Sarin Reports Amended Sale of Shares for Tax Obligations

Manish Sarin, CFO of Sprinklr, Inc., files an amended report detailing the sale of shares to cover tax withholding obligations and correcting previously misreported figures.

Summary

• On March 17, 2025, Sprinklr CFO Manish Sarin sold shares of Class A Common Stock to cover statutory tax withholding obligations related to the vesting of restricted stock units.
• The sale was mandated by Sprinklr's equity incentive plan, which requires a 'sell to cover' transaction to satisfy minimum tax obligations.
• The price per share ranged from $8.6583 to $9.15, with a weighted average price of $8.84.
• The number of shares sold was 48,068.
• Following the transaction, Sarin beneficially owns 967,982 shares.
• This report is an amendment to a previous filing on March 18, 2025, to correct the number of shares sold and beneficially owned after the transaction.

Sentiment

Score: 6

Explanation: The document is a routine SEC filing related to stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Sales of shares to cover tax obligations are a routine part of executive compensation, particularly when dealing with equity-based compensation.

Stakeholder Impact

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

Key Dates

Keywords

Sprinklr, Manish Sarin, CFO, SEC Form 4, Share Sale, Tax Withholding, Class A Common Stock, CXM, Amendment