4Filed Aug 18, 8:00 PM ET
Sprinklr (CXM) Director Jordi Ribas Receives 29,850 RSU Award
$CXM · Sprinklr, Inc.Research Summary
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Sprinklr (CXM) Director Jordi Ribas Receives 29,850 RSU Award
What Happened
Jordi Ribas, a director of Sprinklr, Inc. (CXM), received an award of 29,850 restricted stock units (RSUs) on August 17, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (a compensatory grant), with the RSUs set to vest in full on August 17, 2027, subject to continuous service.
Key Details
- Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (timely filing; no late filing indicated).
- Transaction type/code: Grant / Award (A).
- Shares/units granted: 29,850 RSUs; reported price per share: $0.00 (compensatory award).
- Vesting: RSUs vest in full on August 17, 2027, subject to continuous service (footnote F1).
- Shares owned after transaction: Not disclosed in this filing.
- No sale or purchase of shares occurred—this is a compensation award, not an open-market trade.
Context
RSU grants are common compensation for executives and directors and do not represent an immediate cash purchase or sale. Because these RSUs vest only if Ribas remains in service through August 17, 2027, they reflect future contingent compensation rather than an immediate change in outstanding shares held free of restrictions.