SCHEDULE: Sprinklr Founder Ragy Thomas Boosts Stake to 27.2%

Sentiment:

Beneficial Ownership Disclosure


Sprinklr, Inc. founder and CEO Ragy Thomas, along with affiliated trusts, reported a combined beneficial ownership of 27.2% of the company's Class A Common Stock.

Summary

  • Ragy Thomas, Sprinklr's founder, beneficially owns 55,411,259 shares of Class A Common Stock, representing 27.2% of the class.
  • This ownership includes 177,765 Class A shares, 22,892,365 Class B shares, 8,994,621 Class B shares issuable from stock options, and 3,000 Class B shares from restricted stock units, all exercisable or vesting within 60 days of June 30, 2025.
  • Mr. Thomas's spouse holds an additional 110,445 Class B shares.
  • The Thomas 2014 Family Trust holds 8,129,863 Class B shares, representing 5.2% of Class A Common Stock.
  • The Thomas Family 2017 Irrevocable Trust holds 13,106,677 Class B shares, representing 8.1% of Class A Common Stock.
  • The Family Trust Under the RT GRAT Dtd 11/11/19 2019 holds 1,996,523 Class B shares, representing 1.3% of Class A Common Stock.
  • Mr. Thomas serves as a trustee for all three trusts, holding shared voting and dispositive power over their securities.
  • The percentages are calculated based on 142,831,141 outstanding Class A shares and 116,006,701 outstanding Class B shares as of May 31, 2025, plus 5,791,931 Class B shares converted to Class A by Mr. Thomas after the Form 10-Q filing but before June 30, 2025.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It indicates continued significant insider ownership, which can be viewed positively by some investors as a sign of management's alignment with shareholder interests, but it does not contain new financial or operational information to sway sentiment significantly.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by a company's founder and related entities. It does not provide specific insights into broader industry trends or competitive landscape, but rather confirms the significant insider stake in Sprinklr, Inc.

Stakeholder Impact

  • Shareholders: Provides transparency on the significant ownership stake held by the founder and related trusts, which may influence perceptions of corporate control and long-term commitment.

Key Dates

DateDescription
2025-05-31Date of outstanding share count for Class A and Class B Common Stock as reported in the Issuer's Form 10-Q.
2025-06-05Date of filing of the Issuer's Form 10-Q for the quarter ended April 30, 2025.
2025-06-30Date of event which requires the filing of this statement, reflecting the beneficial ownership calculation.
2025-08-11Date of signing and filing of this Schedule 13G Amendment No. 3.

Keywords

Sprinklr, Ragy Thomas, Beneficial Ownership, SEC Filing, Class A Common Stock, Class B Common Stock, Institutional Ownership, Corporate Governance

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