Form 4: Sprinklr Executive Scott Michael Harvey Reports Acquisition of Restricted Stock Units

Scott Michael Harvey, Chief Customer Officer of Sprinklr, Inc., reports the acquisition of restricted stock units.

Summary

• On March 15, 2024, Scott Michael Harvey, the Chief Customer Officer of Sprinklr, Inc., acquired 284,046 shares of Class A Common Stock.
• These shares were obtained through a restricted stock unit (RSU) award.
• The price per share was $0.
• Following this transaction, Harvey directly owns 575,211 shares of Class A Common Stock.
• The RSUs vest over time, with one-fourth vesting on March 15, 2025, and the remainder vesting in installments every three months thereafter, contingent upon continuous service.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by an executive. The acquisition of RSUs can be seen as a slightly positive sign, indicating confidence, but it's not a major event.

Positives

• The acquisition of RSUs by a key executive could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs vest over time, with one-fourth vesting on March 15, 2025, and the remainder vesting in installments every three months thereafter, contingent upon continuous service.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.

Key Dates