10% Owner Lee Roger H exits Sprinklr (CXM) entirely, selling 285,439 shares for $2.5M on 2025-06-06
Lee Roger H sold his entire stake of 285,439 shares—a complete liquidation leaving zero holdings—at $8.68 per share for $2,477,610.52 total value. This is a material departure from the insider's prior CXM activity: his four prior trades at this ticker (two in July 2023, two in September 2024) were mixed-outcome dispositions with only 50% well-timed at the 90-day horizon, yet this transaction fully exits the position rather than continuing to hold or adjust. The stock currently trades at $8.83, only 1.7% above the transaction price but 18.5% below its 52-week high of $10.84; the company remains unprofitable (net loss of $1.6M against $205.5M revenue) despite modest 8.7% annual growth. The sale of an insider's entire equity stake warrants attention as a structural change in ownership alignment, particularly given the lack of a clear prior pattern of aggressive de-risking at this company.