Misra Amitabh 4

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.