Form 4: Sprinklr Executive Sells Shares to Cover Tax Obligations

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

Summary

• On June 17, 2024, Diane Adams, the Chief Culture & Talent Officer of Sprinklr, Inc. (CXM), sold 5,261 shares of Class A Common stock.
• The sale was executed to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
• The shares were sold at a weighted average price of $8.87, with individual transactions ranging from $8.83 to $8.90.
• Following the transaction, Adams directly owns 408,939 shares of Sprinklr's Class A Common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate a change in the executive's overall confidence in the company.

Industry Context

This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. Such filings are common and provide transparency into executive stock transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates