Haverty Kevin 4
Research Summary
AI-generated summary
Sprinklr (CXM) Director Kevin Haverty Receives Award (47,025 RSUs)
What Happened
- Kevin Haverty, a director of Sprinklr, received a grant of 47,025 restricted stock units (RSUs) on June 11, 2026. The reported acquisition price is $0 (award), so the filing shows a $0 transaction value. This is an equity award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Filing date (Form 4): 2026-06-15.
- Transaction code: A (award/grant). Price reported: $0.00; total reported consideration: $0.
- Vesting (per footnote): 37,174 RSUs vest in full on the earlier of June 11, 2027 or the day prior to the issuer’s 2027 annual meeting. 9,851 RSUs vest in four substantially equal quarterly installments on Sep 11, 2026; Dec 11, 2026; Mar 11, 2027; and Jun 11, 2027. Vesting is conditioned on Haverty’s continuous service through each vesting date.
- Shares owned after the transaction: not disclosed in the filing.
Context
- RSUs are conditional awards that convert to shares only as they vest; they do not represent immediately tradable shares. Such director equity grants are common compensation and do not by themselves indicate buying or selling sentiment.
- The filing documents the award; it does not show any immediate sale, exercise, or tax-withholding sale related to these RSUs. The report does not indicate any late-filing flag.