Form 4: Sprinklr CTO Sells Shares for Tax Obligations

Sprinklr's Chief Technology Officer, Amitabh Misra, sold 9,099 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Amitabh Misra, Sprinklr's Chief Technology Officer, reported a transaction involving Class A Common Stock.
• On December 16, 2025, Misra sold 9,099 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $7.78 per share, with prices ranging from $7.67 to $7.845.
• This sale was non-discretionary, mandated by Sprinklr's equity incentive plans to satisfy minimum statutory tax withholding obligations upon the vesting of restricted stock units (RSUs).
• Following the transaction, Misra beneficially owns 584,627 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary 'sell to cover' sale for tax purposes related to RSU vesting, indicating no particular positive or negative sentiment regarding the company's performance or outlook.

Positives

• The transaction is a routine, non-discretionary 'sell to cover' event, which is a standard practice for executive compensation and tax management, not signaling a lack of confidence.

Negatives

• The sale of shares, while for tax purposes, reduces the direct ownership stake of a key executive, though it is not a discretionary sale.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding Sprinklr's future outlook.

Management Comments

• The sale represents the number of shares required to be sold to cover statutory tax withholding obligations in connection with the vesting of restricted stock units.
• This sale is mandated by Sprinklr's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a 'sell to cover' transaction and does not represent a discretionary sale by the Reporting Person.

Industry Context

This insider transaction is specific to Sprinklr and its Chief Technology Officer and does not directly reflect broader industry trends or competitive dynamics. 'Sell to cover' transactions are common across all industries for executives receiving equity compensation.

Comparison to Industry Standards

• The 'sell to cover' mechanism for satisfying tax obligations upon RSU vesting is a widely adopted practice in executive compensation across various industries, including technology companies. This transaction aligns with standard corporate governance and compensation practices.

Stakeholder Impact

• Minimal direct impact on shareholders as the transaction is a non-discretionary sale for tax withholding purposes, not a reflection of management's view on company prospects.

Key Dates

Recommendation

The Form 4 details a routine, non-discretionary 'sell to cover' transaction by a company officer to satisfy tax obligations upon RSU vesting. This type of insider sale is not indicative of management's sentiment towards the company's future performance and therefore does not warrant a change in investment recommendation based solely on this filing. A 'hold' recommendation is appropriate as this filing provides no new material information to alter an existing investment thesis.

Keywords

Sprinklr, CXM, Form 4, Insider Transaction, Stock Sale, CTO, Amitabh Misra, Restricted Stock Units, Tax Withholding