Form 4: Sprinklr General Counsel Sells Over 62,000 Shares Under Pre-Arranged Trading Plan

Sprinklr, Inc.'s General Counsel, Jacob Scott, sold 62,422 shares of Class A Common Stock for a weighted average price of $7.99 per share, pursuant to a pre-arranged Rule 10b5-1 trading plan.

Summary

• Jacob Scott, the General Counsel and Corporate Secretary of Sprinklr, Inc. (CXM), reported a transaction involving the sale of company stock.
• On June 20, 2025, Mr. Scott disposed of 62,422 shares of Sprinklr's Class A Common Stock.
• The shares were sold at a weighted average price of $7.99 per share, with individual transaction prices ranging from $7.95 to $8.10.
• Following this transaction, Jacob Scott beneficially owns 441,664 shares of Class A Common Stock.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Scott adopted on March 21, 2025.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a reaction to new company-specific information, thus having a neutral sentiment regarding company performance.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sale of 62,422 shares of Class A Common Stock by Jacob Scott, General Counsel and Corporate Secretary of Sprinklr, Inc., to the open market.

Stakeholder Impact

• Shareholders: The sale by an insider could be perceived differently by investors; however, its execution under a Rule 10b5-1 plan suggests a pre-planned liquidity event rather than a signal about the company's immediate prospects.

Key Dates

Keywords

Sprinklr, CXM, Insider Trading, Form 4, Stock Sale, Rule 10b5-1, Jacob Scott, General Counsel