Form 4: Sprinklr CTO Sells Stock for Tax Obligations

Sprinklr's Chief Technology Officer, Amitabh Misra, sold 9,244 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Amitabh Misra, Chief Technology Officer of Sprinklr, Inc. (CXM), reported a transaction on September 16, 2025.
• The transaction involved the disposition of 9,244 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $7.75 per share, with prices ranging from $7.67 to $7.81.
• This sale was mandated to cover statutory tax withholding obligations in connection with the vesting of restricted stock units.
• The transaction does not represent a discretionary sale by Mr. Misra.
• Following this transaction, Mr. Misra beneficially owns 593,726 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the reported transaction is a non-discretionary 'sell to cover' sale for tax purposes, which is a routine event and does not reflect a discretionary decision by the insider regarding the company's prospects.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

The 'sell to cover' transaction is a common and routine practice for executives receiving equity compensation, such as restricted stock units. It is a standard mechanism to satisfy tax obligations upon vesting, rather than an indicator of management's discretionary view on the company's stock.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or a significant shift in ownership structure.

Key Dates

Recommendation

The transaction reported is a non-discretionary 'sell to cover' sale by the Chief Technology Officer to satisfy tax obligations upon the vesting of restricted stock units. This is a routine event and does not indicate a change in the insider's view of the company's prospects or a significant shift in ownership that would warrant a 'buy' or 'sell' recommendation. Therefore, 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