The CEO's open-market sale of $810K without a disclosed 10b5-1 plan is the dominant signal. Monitor for any upcoming 8-K filings or earnings pre-announcements that could explain the timing. If the stock continues to drift lower, the sale may indicate management's lack of confidence in near-term fundamentals.
Price Chart
Executive Summary
Sprinklr's CEO and CIO sold a combined $848K in open-market sales on September 16, 2026, with the CEO alone accounting for $810K at $5.55/share. This is a material insider sale relative to the company's market cap, and the CEO's sale is not indicated as part of a 10b5-1 plan, raising a cautionary signal.
Key Financial Metrics
Key Facts
- President & CEO Rory P. Read sold 145.9K shares for $810K at $5.55 on 2026-09-16.
- CIO Sanjay Macwan sold 6.9K shares for $38K at $5.55 on 2026-09-16.
- Total insider sales of $848K represent approximately 0.26% of Sprinklr's market cap ($326M).
- No 10b5-1 plan indication was provided for either sale.
Financial Impact
$848K in insider sales, approximately 0.26% of market cap
Risk Factors
- CEO selling a large block without a plan could signal negative private information
- Stock price already down ~22% over the past month, and insider selling may exacerbate selling pressure
- No insider buying to offset the selling — a one-sided bearish signal
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CXM-1789709184504 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Insider Buy | $5.83 $6.69 | ▲ +14.75% | ▲ +15.18% | $6.71 (+15.09%) |
Oct 1, 2026 25d ago | 144 | $5.20 $5.52 | ▲ +6.15% | ▲ +4.99% | $6.71 (+29.04%) |
Sep 17, 2026 5w ago | Insider Cluster | $5.33 $5.07 | ▲ +4.88% | ▲ +6.15% | $6.71 (−25.89%) |
Sep 2, 2026 7w ago | 8-K | $6.95 $5.44 | ▼ −21.73% | ▼ −20.77% | $6.71 (−3.45%) |
Aug 13, 2026 10w ago | 8-K | $7.03 $7.20 | ▲ +2.42% | ▲ +4.38% | $6.71 (−4.55%) |
Jul 1, 2026 16w ago | 8-K | $5.32 $5.47 | ▲ +2.82% | ▲ +2.56% | $6.71 (+26.13%) |
Jun 3, 2026 20w ago | 8-K | $5.45 $5.35 | ▼ −1.83% | ▲ +1.98% | $6.71 (+23.12%) |
May 1, 2026 25w ago | DEFA14A | $5.38 $5.20 | ▼ −3.35% | ▼ −6.28% | $6.71 (+24.72%) |
Mar 16, 2026 32w ago | Insider Cluster | $5.74 $6.03 | ▲ +5.05% | ▲ +7.09% | $6.71 (+16.90%) |
US Market Status
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