Suri Karthik 4
Research Summary
AI-generated summary
Sprinklr (CXM) Chief Product Officer Suri Karthik Receives RSU Award
What Happened
- Suri Karthik, Sprinklr's Chief Product Officer & CSO, was granted 455,341 restricted stock units (RSUs) on March 15, 2026. The Form 4 reports an acquisition type "A" at $0.00 per share (typical for RSU awards), so no cash was paid.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely).
- Amount: 455,341 RSUs; reported price: $0.00; reported total value: $0.
- Vesting: 1/3 of the RSUs vest March 15, 2027; the remaining 2/3 vest in eight substantially equal installments on each subsequent June 15, Sept 15, Dec 15 and March 15 (quarterly), subject to continuous service — full vesting by March 15, 2029.
- Shares owned after the transaction: not specified in the filing.
- Transaction code: A = Award/Grant (not a market purchase or sale).
Context
- RSU grants are a form of compensation and do not represent an open-market purchase or sale; they typically reflect long-term pay/retention rather than an immediate trading signal.
- There is no indication of any tax-withholding sell or exercise in this filing. The award vests over a multi-year schedule and will convert to actual shares only as portions vest and any applicable tax rules are satisfied.