{"url_path":"/sec/cxm/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-04","source_url":"https://www.sec.gov/Archives/edgar/data/1569345/0001569345-26-000028-index.html","accession_number":"0001569345-26-000028","cik":"0001569345","ticker":"CXM","issuer_name":"Sprinklr, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1569345/0001569345-26-000028-index.html","primary_entity_key":"0001569345","primary_entity_name":"Sprinklr, Inc."},"word_count":364,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nRecent Sales of Unregistered Equity Securities\n\nNone.\n\nIssuer Purchases of Equity Securities\n\nThe following table sets forth information concerning our repurchase of our Class A common stock during the three months ended April 30, 2026:\n\n(in thousands, except per share data)\nTotal Number of Shares Purchased(a)\n\nAverage Price Paid per Share(a)(b)\n\nTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs\n\nApproximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs(a)\n\nFebruary 1, 2026 through February 28, 2026— $— — $— \n\nMarch 1, 2026 through March 31, 202617,123 $— 17,123 $75,000 \n\nApril 1, 2026 through April 30, 2026— $— — $75,000 \n\n(a)On March 11, 2026, we announced that our board of directors had authorized and approved a share repurchase plan (the “2026 Share Repurchase Program”) to periodically repurchase up to $200 million of Class A common stock through March 15, 2027 in negotiated off market transactions or in open market purchases, including through Rule 10b5-1 plans. On March 13, 2026, we entered into a variable tenor accelerated share repurchase agreement (“ASR Agreement”) to repurchase an aggregate of $125 million of our Class A common stock, whereby we received an initial delivery of 17,123,288 shares of our Class A common stock. The initial delivery represented 80% of the $125 million aggregate amount divided by our Class A common stock price of $5.84 at the time of execution. As of April 30, 2026, the ASR Agreement remained unsettled, and we are expected to receive or deliver the difference between the $125 million prepayment divided by the settlement VWAP, minus the 17,123,288 initial shares. The ASR Agreement is expected to terminate by September 1, 2026. For additional information related to share repurchases, see Note 9, Stockholders’ Equity, included in “Part I, Item 1. Financial Statements” of this Quarterly Report on Form 10-Q.\n\n(b)The average price paid per share has not yet been determined, as final settlement did not occur during the three months ended April 30, 2026. Will exclude the 1% excise tax accrued on our share repurchases as a result of the Inflation Reduction Act of 2022."}