Form 4: Sprinklr Executive Amitabh Misra Receives Stock Award

Amitabh Misra, Chief Technology Officer of Sprinklr, Inc., acquired 257,142 shares of Class A Common Stock on March 15, 2025, as part of a restricted stock unit (RSU) award.

Summary

• On March 15, 2025, Amitabh Misra, the Chief Technology Officer of Sprinklr, Inc., acquired 257,142 shares of Class A Common Stock.
• This acquisition was part of a restricted stock unit (RSU) award.
• Following the transaction, Misra directly owns 633,711 shares of Sprinklr's Class A Common Stock.
• The RSUs vest over time, starting with one-fourth on March 15, 2026, and the remainder in installments every three months thereafter, contingent upon continuous service to Sprinklr.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation practice, which is generally viewed neutrally to positively as it aligns management interests with shareholders. The sentiment is moderately positive as it indicates continued commitment from a key executive.

Positives

• The RSU award aligns the executive's interests with those of the shareholders, incentivizing long-term value creation.
• The vesting schedule encourages continued service and commitment to the company.

Future Outlook

The vesting schedule of the RSUs extends into the future, incentivizing the executive's continued service and contribution to the company's performance.

Industry Context

Stock awards are a common practice in the tech industry to attract and retain top talent, aligning their interests with the company's long-term success. Sprinklr, as a software company, likely uses equity compensation to remain competitive in the talent market.

Comparison to Industry Standards

• Companies like Salesforce, Adobe, and Microsoft also use RSU grants extensively as part of their compensation packages for executives.
• The vesting schedules are generally similar, with vesting occurring over a period of 3-4 years, contingent on continued employment.
• The size of the RSU grants is typically determined based on the executive's role, performance, and the company's overall compensation strategy.

Stakeholder Impact

• Shareholders: The RSU grant aligns executive interests with shareholder value creation.
• Employees: The grant signals the company's commitment to retaining key talent.
• Executive: The grant provides an incentive for continued service and contribution to the company's success.

Key Dates