Schloss Eileen 4
Research Summary
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Sprinklr (CXM) Director Eileen Schloss Receives RSU Award
What Happened Eileen Schloss, a director of Sprinklr, Inc. (CXM), received an award of 41,821 restricted stock units (RSUs) on June 11, 2026. The Form 4 shows the award was reported as an acquisition (code A) at a reported price of $0.00 (no cash exchanged at grant). The RSUs represent a future right to receive shares if vesting conditions are met.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (filed within the required two business days).
- Award: 41,821 RSUs; reported price per share: $0.00; total reported purchase value: $0 (award grant).
- Shares owned after transaction: not specified in the disclosure.
- Footnote: RSUs vest in full on the earlier of (i) June 11, 2027 or (ii) the day prior to the issuer's 2027 annual stockholder meeting, subject to Schloss’s continuous service through the vesting date.
- Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding sale, or cashless exercise noted.
Context This was a non-cash equity award (RSUs) rather than an open-market purchase or sale. RSU grants are common compensation for executives and directors; they do not represent immediate share ownership until vested and delivered. Because the award vests subject to continued service, it’s contingent on Schloss remaining with the company through the vesting date.