Form 4: Sprinklr Chief Accounting Officer Marlise Ricci Reports Stock Award

Marlise Ricci, Chief Accounting Officer of Sprinklr, Inc., reported the acquisition of 5,980 shares of Class A Common Stock on April 15, 2025, as part of a restricted stock unit (RSU) award.

Summary

• On April 15, 2025, Marlise Ricci, the Chief Accounting Officer of Sprinklr, Inc., acquired 5,980 shares of Class A Common Stock.
• These shares were obtained through a grant of Restricted Stock Units (RSUs).
• The price per share was $0.
• Following this transaction, Ricci directly owns 295,028 shares of Sprinklr's Class A Common Stock.
• The RSUs vest in installments, starting with one-fourth on March 15, 2026, and the remainder vesting in equal portions quarterly thereafter, contingent upon continuous service to Sprinklr.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock-based compensation. The acquisition of shares by an officer is generally viewed as a positive, but it's a standard practice.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The RSUs will continue to vest quarterly after the initial vesting date of March 15, 2026, contingent upon the Reporting Person's continuous service to the Issuer.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that the executive is being compensated, in part, with company stock.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies, particularly in the tech industry, to align the interests of employees and shareholders.
• The vesting schedule described is fairly standard, with vesting occurring over a multi-year period to incentivize long-term commitment.
• Companies like Salesforce, Adobe, and Oracle also utilize RSUs as part of their compensation packages for executives.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the executive's interests with those of the shareholders.

Key Dates

Keywords

Sprinklr, CXM, Marlise Ricci, Chief Accounting Officer, Form 4, Beneficial Ownership, Restricted Stock Units, RSU, Class A Common Stock, Vesting