Form 4: Sprinklr General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jacob Scott, General Counsel of Sprinklr, Inc., sold 3,640 shares of Class A Common Stock on June 17, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On June 17, 2024, Jacob Scott, the General Counsel of Sprinklr, Inc., sold 3,640 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, Scott directly owns 358,153 shares of Sprinklr's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and employees.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of the stock sale transaction. |
| 06/20/2024 | Date of signature for the Form 4 filing. |
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