Form 4: Sprinklr Director Scott R. Tobin Reports Share Transfer and Holdings
SEC Form 4 Filing
Scott R. Tobin, a director at Sprinklr, Inc., reported a transfer of 200,000 Class A Common Stock shares as a gift and detailed his direct and indirect holdings.
Summary
- Scott R. Tobin, a director at Sprinklr, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On December 17, 2024, Mr. Tobin transferred 200,000 shares of Class A Common Stock as a gift.
- The transfer was a gift without consideration.
- Mr. Tobin's direct holdings after the transaction are 386,963 shares of Class A Common Stock.
- He also has indirect holdings through various entities including Tobin Family, LLC, Battery Ventures IX, L.P., Battery Investment Partners IX, LLC, Battery Investment Partners Select Fund I, L.P., and Battery Ventures Select Fund I, L.P.
- Mr. Tobin disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a share transfer and ownership structure, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, which is a common practice for publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders in the US.
- The level of detail provided in this filing is consistent with SEC requirements.
- Other directors and officers of publicly traded companies are required to file similar forms when they trade company stock.
Stakeholder Impact
- This filing provides transparency to shareholders regarding the ownership of company stock by a director.
- The transfer of shares does not have a direct impact on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 12/17/2024 | Date of the share transfer. |
| 12/19/2024 | Date the Form 4 was signed. |
Keywords
Form 4, Beneficial Ownership, Sprinklr, CXM, Scott R. Tobin, Class A Common Stock, Director, Share Transfer, Battery Ventures
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