CXM Sprinklr, Inc. Insider Trading

CEO Read sold 165,858 shares of CXM across 3 transactions (Feb–Apr 2025) for $996,725.86; holdings declined 9.9%

CEO Rory P filed a Form 4 reporting three separate sales totaling 165,858 shares for $996,725.86 between April 2025 and February 2026, reducing holdings from 1,672,108 shares to 1,506,270 shares. The sales occurred at prices ranging from $6.00 to $6.85 per share, while the stock currently trades at $5.82, down 38.2% from its 52-week high and off 23.7% in the past 30 days. Across his full open-market history, Read's prior sales averaged a 30-day post-sale return of -3.2% and a 90-day return of -19.0%, with a 100% well-timed rate (indicating his prior sells preceded declines); however, at Sprinklr specifically, his timing results are more mixed, with 1 of 1 measured prior sales at 90 days well-timed. The timing of these recent sales relative to the current stock decline warrants observation of subsequent filings to discern any pattern of conviction at this ticker.

CEO Rory Read sells 138.5K CXM shares at $7.13; stock down 29.7% from 52-week high, 15.8% in 30 days.

Rory Read, Sprinklr's President & CEO, sold 138,505 shares (7.6% of pre-transaction holdings) at $7.13 on 2026-01-14, reducing his stake to 1.67M shares. The sale occurs within a pronounced price decline: CXM is trading at $6.62, down 29.7% from its 52-week high and down 15.8% over the trailing 30 days. At the same-ticker level, Read's prior three sales show mixed timing: his 2025-04-21 sale achieved a 31.4% 90-day gain (poorly timed for exit), while his more recent 2025-12-16 sale is already showing -10.5% over 30 days, suggesting better near-term timing. Fundamentals remain stable with $219.1M quarterly revenue and positive net income, though 8.7% annual growth is modest; the P/E of 14.09 does not suggest crisis valuation. The material signal is a top executive reducing significant equity during material weakness, with limited longer-term comparisons at this ticker to establish whether Read's sales historically precede or follow reversals.

Sprinklr CEO Rory Read sold 68,673 shares at $7.78, retaining 1,810,613 shares; stock up 12.0% in 30d but down 16.6% from 52-week high.

Rory Read, President & CEO of Sprinklr, sold 68,673 shares (68.7K shares) at $7.78 on 2025-12-16, representing a -3.7% reduction in holdings while maintaining a substantial position of 1,810,613 shares (1.81M shares). The sale occurred at a price below the current market level of $7.86 and notably 16.6% below the 52-week high of $9.42, suggesting execution at a depressed point in the stock's recent range. Across his same-ticker history at CXM, Read's prior 2 sales (2025-11-06 and 2025-04-21) did not establish a pattern of well-timed exits; only 1 of 2 prior measured sales was well-timed at the 90-day mark, and his most recent sale on 2025-11-06 saw the stock gain 4.1% in the following 30 days. The transaction itself is modest in scale and does not signal portfolio exit, but warrants observation given the recent timing and the stock's lackluster 52-week relative positioning.

Director Kanouff Yvette sold 157,389 shares at $7.84–$7.86 blended avg for $1,234,607.76; derivative conversion reduces visible position 39.6%.

Kanouff Yvette executed 2 separate sales totaling 157,389 shares for $1,234,607.76 on 2025-12-08 and 2025-12-09, reducing her visible holdings from 397,317 shares to 239,928 shares post-transaction. The transaction is flagged as a derivative-conversion event, meaning her full economic position includes Table II derivative securities not yet populated in the database—the 39.6% reduction in Table I share count does not represent her complete holding or intent. The blended sales price of $7.84 compares to the current market price of $8.02, indicating the transactions executed slightly below current levels. Without access to the derivative position details, the full context of this transaction cannot be assessed; the visible share reduction should not be interpreted as a near-total exit.

CEO Rory P Read sold 258,214 shares (258.2K) of CXM at $7.48 for $1,931,440.72 on 2025-11-06

Rory P Read, President & CEO of Sprinklr, Inc., sold 258,214 shares at $7.48 on 2025-11-06, reducing his holdings by 12.1% from 2,137,500 to 1,879,286 shares. The sale occurred at a price approximately 0.4% below the current market price of $7.45, and notably 20.9% below the 52-week high of $9.42, suggesting the execution occurred during a period of price weakness. His prior sell transaction at this ticker on 2025-04-21 resulted in a 90-day return of +31.4%, indicating the stock rose substantially after that sale—a poorly timed outcome. In his cross-ticker track record, his 1 prior sell averaged a 90d well-timed rate of 0.00% (lower is better for sell timing), further indicating his prior sales have not preceded subsequent declines. The company's fundamentals show healthy revenue of $212,040,000 and positive net income of $12,615,000, with 8.7% annual revenue growth and a P/E of 15.85, providing no obvious fundamental distress signal.

Director Agrawal sells entire 374.5K share position in CXM across 3 days (Oct 6–8) for $2.9M at blended avg $7.61.

Neeraj Agrawal, Director of Sprinklr, executed 6 separate sales totaling 374,479 shares for $2,851,496.62, liquidating his entire shareholding over a three-day window (October 6–8, 2025). The transactions occurred at prices ranging from $7.51 to $7.78, with a blended average of $7.61, slightly below the current price of $7.64. Notably, Agrawal's prior 5 sales at Sprinklr were well-timed at the 90-day mark (all 5 negative 90d returns), and his cross-ticker track record shows a 100% well-timed rate across 5 prior sells, suggesting a consistent pattern of sales occurring before subsequent declines. The stock's 90-day change of -15.5% and 30-day change of -3.4% position this sale within the broader negative momentum context, though the timing signal must be evaluated against whether this filing was scheduled (10b5-1 plan) or discretionary.

CFO Sarin Manish sold 199,817 shares (199.8K) for $1.8M across 3 trades, reducing stake by 21.4%; prior same-ticker sells all declined 30%+ within 90 days.

Sarin Manish, CFO of Sprinklr, executed three separate sales totaling 199,817 shares for $1,810,585.43 at an average price of $9.06, reducing his holdings from 932,238 shares to 732,421 shares. His prior trades at CXM show a consistent pattern: all 3 prior sells at this ticker were followed by 90-day declines, with returns of -11.9%, -12.8%, and -8.7% respectively in the 30-day window, and -31.8%, -32.4%, and -1.4% at the 90-day mark—a 100% success rate on same-ticker sells. This filing occurs when the stock is trading at $9.12, within its 52-week range of $6.88–$9.99 and still -8.7% below its 52-week high, suggesting the insider may be acting ahead of expected further deterioration. The company reported negative net income of $-1.6M on $205.5M in quarterly revenue and shows a P/E of 19.40, indicating valuation may not reflect recent profitability challenges.

Director Thomas Ragy sold 3,000,000 shares of CXM at $8.37 on 2025-07-02, reducing holdings by 79.7% to 766,217 shares; stock now trades at $8.76.

Thomas Ragy sold 3,000,000 shares (3.00M shares) at $8.37, generating $25,110,000.00 ($25.1M) in proceeds and reducing his stake by 79.7% from 3.77M to 766.2K shares. This large-scale sale is notable given CXM's 52-week range of $6.88–$10.05, placing the transaction sale price well within range but below current trading at $8.76. The company shows mixed fundamentals with positive annual revenue growth of +8.7% and latest quarterly revenue of $205,500,000.00 ($205.5M), though net income sits at $-1,568,000.00 ($-1.6M). Ragy executed three prior sales at CXM within a compressed window (2025-06-16, 2025-06-18, 2025-06-27), establishing a consistent selling pattern; however, measurable outcomes for these trades are not yet available. The FLAG in this filing indicates derivative-conversion activity, meaning the director's real position may extend beyond the post-transaction holdings shown in Table I — this sale represents a partial liquidation of a specific batch rather than an exit from the entire position.

Director Thomas Ragy sold 3,000,000 shares of Sprinklr at $7.98; post-sale holdings 766,217 shares (-79.7%)

Thomas Ragy, a director, sold 3,000,000 (3.00M shares) of Sprinklr for $23,940,000.00 on 2025-06-27 at $7.98 per share, reducing his holdings from 3,766,217 shares to 766,217 shares—a reduction of 79.7% relative to pre-transaction holdings. The current stock price of $8.46 sits -15.8% from the 52-week high of $10.05, suggesting the transaction occurred during a period of relative weakness compared to recent highs. The company's fundamentals show mixed signals: Revenue of $205,500,000.00 with annual revenue growth of +8.7%, but current net income of $-1,568,000.00 and a P/E multiple of 18.00. The filing contains a derivative-conversion transaction, meaning Ragy's Table I position does not represent his total holdings; the actual conversion activity in Table II is not yet populated in our database. This substantial single-transaction reduction in his shareholding warrants attention to whether it reflects personal portfolio positioning or other operational context beyond what the Form 4 filing alone reveals.

CCO Harvey Scott Michael sold 121,057 shares (121.1K) of CXM at $8.32; stock at $8.21, down 18.3% from 52-week high.

Chief Customer Officer Harvey Scott Michael sold 121,057 shares at $8.32 on 2025-06-26, reducing his holdings from 824,389 to 703,332 shares. The transaction occurred when CXM was trading -18.3% below its 52-week high of $10.05, within the 52-week range of $6.88–$10.05. The sale was executed as the company reported revenue of $205,500,000.00 and a net loss of $-1,568,000.00 in its latest quarter, with annual revenue growth of +8.7% offset by negative earnings. The CCO's reduction of approximately 14.7% of his pre-transaction holdings during a period of modest share price decline and operational losses provides limited context for broader executive sentiment.