Form 4: Sprinklr CFO Sells Nearly 200,000 Shares Under Pre-Arranged Trading Plan

Sentiment:

Insider Transaction Report 9 July 2025 6:40 PM

Sprinklr's Chief Financial Officer, Manish Sarin, sold 199,817 shares of Class A Common Stock over three days in July 2025, pursuant to a Rule 10b5-1 trading plan.

Worse than expectedThe Chief Financial Officer sold a significant number of shares (199,817) over three days.While the sales were pre-planned under a Rule 10b5-1 plan, significant insider selling can still be interpreted by the market as a lack of confidence or a belief that the stock is fully valued at current levels.The sale prices, ranging from $9.00 to $9.13, are relatively low, which might suggest the insider does not anticipate a substantial near-term price increase.

Summary

Manish Sarin, Sprinklr's Chief Financial Officer, reported sales of Class A Common Stock.
On July 7, 2025, 24,468 shares were sold at a weighted average price between $9.00 and $9.015.
On July 8, 2025, 600 shares were sold at a weighted average price of $9.00.
On July 9, 2025, 174,749 shares were sold at a weighted average price between $9.00 and $9.13.
These transactions were executed under a Rule 10b5-1 trading plan adopted on March 20, 2025.
Following these sales, Manish Sarin beneficially owns 732,421 shares of Class A Common Stock.

Sentiment

Score: 4

Explanation: The document reports significant insider selling by the CFO, which can be perceived negatively. However, the sales were conducted under a pre-arranged Rule 10b5-1 trading plan, which reduces the immediate negative signal as it indicates a pre-scheduled event rather than a reaction to new, undisclosed information.

Negatives

A significant sale of 199,817 shares by a key executive (CFO) could be perceived negatively by the market, even if pre-planned.
The sales occurred at prices ranging from $9.00 to $9.13, which might be seen as a low valuation by the insider.

Risks

Potential negative market perception due to significant insider share sales, even if pre-planned.
The sales occurring at relatively low price points ($9.00-$9.13) could suggest the CFO believes the stock price may not significantly increase in the near term.

Related Party Transactions

The reported share sales by the Chief Financial Officer are considered related-party transactions.

Stakeholder Impact

Shareholders: May interpret the insider selling as a negative signal, potentially leading to downward pressure on the stock price.

Key Dates

Date	Description
03/20/2025	Date Rule 10b5-1 trading plan was adopted by Manish Sarin.
07/07/2025	Date of first reported share sale by Manish Sarin.
07/08/2025	Date of second reported share sale by Manish Sarin.
07/09/2025	Date of third reported share sale by Manish Sarin and filing date of the Form 4.

Recommendation

hold

Keywords

Sprinklr, CXM, Form 4, insider trading, share sale, Manish Sarin, CFO, 10b5-1 plan, beneficial ownership, Class A Common Stock

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