Form 4: Sprinklr CMO Sells Shares for Tax Obligations
Insider Transaction Report
Sprinklr's Chief Marketing Officer, Arun Pattabhiraman, sold 16,795 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Arun Pattabhiraman, Chief Marketing Officer of Sprinklr, Inc. (CXM), reported a sale of Class A Common Stock.
- The transaction involved the disposition of 16,795 shares on September 16, 2025.
- The shares were sold at a weighted average price of $7.75, with individual transactions ranging from $7.67 to $7.81.
- This sale was mandated to cover statutory tax withholding obligations associated with the vesting of restricted stock units, as per the Issuer's equity incentive plans, and was not a discretionary sale.
- Following this transaction, Arun Pattabhiraman directly beneficially owns 534,411 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine 'sell to cover' for tax obligations related to RSU vesting, which is a non-discretionary event and generally has a neutral impact on company sentiment.
Stakeholder Impact
- Shareholders: The transaction is a routine, non-discretionary sale for tax purposes and is unlikely to significantly impact shareholder perception or company valuation.
Key Dates
| Date | Description |
|---|---|
| 09/16/2025 | Date of transaction for the sale of Class A Common Stock. |
| 09/18/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was filed. |
Recommendation
holdThe filing details a routine 'sell to cover' transaction by a Chief Marketing Officer to satisfy tax obligations upon RSU vesting, which is not indicative of a discretionary sale or a change in company fundamentals. This type of transaction typically has a neutral impact on investment sentiment and does not warrant a change in investment recommendation based solely on this filing.
Keywords
Sprinklr, CXM, Form 4, Insider Transaction, Stock Sale, Tax Withholding, RSU Vesting, Arun Pattabhiraman, Chief Marketing Officer
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