Pattabhiraman Arun 4
Research Summary
AI-generated summary
Sprinklr (CXM) CMO Pattabhiraman Arun Sells Shares
What Happened
- Pattabhiraman Arun, Chief Marketing Officer of Sprinklr, sold 32,500 shares on March 16, 2026, for a total of approximately $190,125. The disposition was a sale (not a purchase) and was executed as a "sell to cover" tied to the vesting of restricted stock units, which is a routine tax-withholding transaction rather than a discretionary sale.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely).
- Shares sold: 32,500; weighted average price: $5.85; price range across multiple trades: $5.765–$5.91.
- Total value: ~$190,125.
- Footnotes: F1 — sale mandated to satisfy statutory tax withholding on RSU vesting (sell-to-cover), not discretionary; F2 — weighted average price reported and seller can provide per-trade price breakdown on request.
- Shares owned after the transaction: not included in the provided excerpt (see the full Form 4 for holdings).
Context
- This was a sell-to-cover tax withholding related to RSU vesting, a common administrative transaction for executives and not necessarily a signal of confidence or concern about company prospects. Purchases by insiders generally carry more weight for interpreting insider sentiment than routine tax-motivated sales.