Form 4: Sprinklr Executive Adams Sells Shares to Cover Tax Obligations

Diane Adams, Chief Culture & Talent Officer at Sprinklr, sold shares of Class A Common Stock to cover statutory tax withholding obligations related to vesting restricted stock units.

Summary

• Diane Adams, Chief Culture & Talent Officer of Sprinklr, Inc., reported the sale of Sprinklr's Class A Common Stock on September 16 and 17, 2024.
• The sales were executed to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
• On September 16, 2024, 4,282 shares were sold at a weighted average price of $7.83.
• On September 17, 2024, 1,083 shares were sold at a weighted average price of $7.84.
• Following these transactions, Adams beneficially owns 389,857 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions for tax purposes and doesn't indicate a change in the company's fundamentals or management's confidence.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders buy or sell their company's stock; this filing indicates routine transactions to cover tax obligations.

Stakeholder Impact

• The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.

Key Dates