Macwan Sanjay 4

What Happened
Sanjay Macwan, Chief Information Officer of Sprinklr (CXM), disposed of 27,277 shares on June 16, 2026 in an open-market sell-to-cover transaction. The weighted-average price reported was $5.30 per share, for total proceeds of approximately $144,568. This was a sale to satisfy tax withholding on vested restricted stock units, not a discretionary sale.

Key Details

• Transaction date: 2026-06-16 (filed with the SEC on 2026-06-18; appears timely).
• Type: Sale (S) — sell-to-cover to satisfy statutory tax withholding on RSU vesting.
• Shares sold: 27,277; weighted-average price: $5.30; price range across multiple trades: $5.24–$5.33.
• Proceeds: ~$144,568.
• Shares owned after transaction: not reported in the provided summary.
• Footnotes: F1 — sale mandated by issuer’s sell-to-cover election for tax withholding; F2 — weighted average price with multiple execution prices, and the reporting person can provide per-price breakdown on request.

Context
Sell-to-cover transactions are routine tax-withholding actions tied to equity vesting and generally do not indicate a manager's discretionary view of the company. The filing notes the sale was to satisfy statutory tax obligations for vested RSUs rather than an independent decision to liquidate additional holdings.