President and Chief Executive Officer Rory P. Read sold 145,865 shares of Sprinklr, Inc. (CXM -4.34%) on September 16, 2026, according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $810,000 |
| Shares sold | 145,865 |
| Post-transaction shares (directly held) | 3,273,325 |
| Post-transaction value | $18.30 million |
Transaction value based on SEC Form 4 weighted average sale price ($5.55); post-transaction value based on September 16, 2026 market close ($5.59).
Key questions
- What initiated this transaction?
The disposal was a non-discretionary “sell to cover” event required by the company’s equity incentive plan to fund minimum statutory tax withholding obligations triggered by the vesting of restricted stock units (RSUs). - Does this…
