Form 4: Sprinklr Executive Arun Pattabhiraman Sells Shares Under 10b5-1 Trading Plan

Arun Pattabhiraman, Chief Marketing Officer of Sprinklr, Inc., sold shares of Class A Common Stock on July 2nd and 3rd, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Arun Pattabhiraman, the Chief Marketing Officer of Sprinklr, Inc., reported the sale of Class A Common Stock.
• The transactions occurred on July 2nd and 3rd, 2024.
• A total of 4,007 shares were sold on July 2nd at a weighted average price of $10.00, and 15,972 shares were sold on July 3rd at a weighted average price of $10.01.
• These sales were executed under a Rule 10b5-1 trading plan adopted on January 12, 2024.
• Following these transactions, Pattabhiraman directly owns 459,238 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

This is a routine disclosure of insider trading activity. It is common for executives to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates