Misra Amitabh 4
4 · Sprinklr, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Sprinklr (CXM) CTO Amitabh Misra Receives RSUs; Sells 34,189 Shares
What Happened Amitabh Misra, Chief Technology Officer of Sprinklr (CXM), received a grant of 420,315 restricted stock units (RSUs) on 2026-03-15 (no cash cost). On 2026-03-16 he disposed of 34,189 shares in an open-market sale at a weighted average price of $5.85 for total proceeds of $200,006. The sale was a sell-to-cover transaction to satisfy tax withholding tied to the RSU vesting, not a discretionary sale.
Key Details
- Transactions: RSU award of 420,315 shares (2026-03-15, $0.00 per share); sale of 34,189 shares (2026-03-16) at weighted avg $5.85 per share for $200,006.
- Sale price range: $5.765 to $5.91 per share (weighted average reported $5.85). Reporting person can supply breakdown on request (see filing).
- Purpose of sale: Sell-to-cover to satisfy statutory tax withholding required under the issuer's equity plan (not a voluntary trade).
- Vesting schedule (from filing): 1/12 of the RSUs vest on June 15, 2026, then the remainder vests in eleven substantially equal installments on each subsequent Sept 15, Dec 15, Mar 15 and June 15, subject to continued service.
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing timeliness: Form filed 2026-03-17 for transactions on 2026-03-15 and 03-16; appears to be filed within the standard Form 4 window.
Context This filing shows a routine equity award (RSUs) to a senior executive and a mandatory sell-to-cover transaction to meet tax obligations. Awards increase potential future ownership as RSUs vest; the sell-to-cover does not necessarily indicate negative sentiment and is common practice when companies require tax withholding at vesting.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-15+420,315→ 1,004,942 total - Sale
Class A Common Stock
[F2][F3]2026-03-16$5.85/sh−34,189$200,006→ 970,753 total
Footnotes (3)
- [F1]Represents a restricted stock unit ("RSU") award. One-twelfth (1/12th) of the RSUs will vest on June 15, 2026 and the remainder will vest in eleven substantially equal installments on each subsequent September 15, December 15, March 15 and June 15, subject to the Reporting Person's continuous service to the Issuer on each such vesting date.
- [F2]Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.765 to $5.91 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.