Form 4: Sprinklr Director Yvette Kanouff Granted Restricted Stock Units

Sprinklr, Inc. Director Yvette Kanouff was granted 24,660 restricted stock units (RSUs) on June 12, 2025, as part of her compensation.

Summary

• Yvette Kanouff, a Director of Sprinklr, Inc. (CXM), was granted 24,660 Class A Common Stock restricted stock units (RSUs) on June 12, 2025.
• The RSUs were granted at a price of $0, which is typical for RSU awards.
• Following this transaction, Ms. Kanouff beneficially owns a total of 97,317 shares of Class A Common Stock.
• The RSUs are scheduled to vest in full on the earlier of June 12, 2026, or the day prior to Sprinklr's 2026 annual stockholder meeting, contingent on her continuous service through the vesting date.

Sentiment

Score: 6

Explanation: Slightly positive as it represents a standard equity grant to a director, aligning interests and indicating ongoing compensation practices. No negative implications.

Positives

• The grant of restricted stock units to a director aligns her interests with those of the company's shareholders, incentivizing long-term performance.
• Equity compensation is a standard practice for retaining and motivating key personnel and board members, reflecting a commitment to corporate governance best practices.

Risks

• The granted restricted stock units are subject to forfeiture if the reporting person's continuous service with the company ceases before the specified vesting date.

Future Outlook

The granted restricted stock units are set to vest in full on the earlier of June 12, 2026, or the day prior to Sprinklr's 2026 annual stockholder meeting, contingent on Yvette Kanouff's continuous service.

Industry Context

The grant of restricted stock units to a director is a common form of equity compensation across various industries, particularly in technology companies like Sprinklr. This practice aims to align the interests of board members with long-term shareholder value creation and is a standard component of corporate governance and executive compensation packages.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of director compensation is a widely adopted practice among publicly traded companies, including those in the software and customer experience management sectors.
• Companies like Salesforce (CRM), Adobe (ADBE), and Zendesk (ZEN) frequently utilize similar equity-based incentives for their non-employee directors to foster long-term commitment and align their financial interests with company performance.
• The vesting schedule, typically over one to three years, is also consistent with industry norms for director RSU grants, ensuring continued service.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with long-term shareholder value creation, potentially leading to more focused governance.

Next Steps

• The restricted stock units are expected to vest on the earlier of June 12, 2026, or the day prior to Sprinklr's 2026 annual stockholder meeting, subject to continuous service.

Key Dates

Keywords

Sprinklr, CXM, Yvette Kanouff, Director, Restricted Stock Units, RSU, Insider Transaction, Equity Compensation, SEC Form 4, Corporate Governance