BARRIS PETER J 4
4 · Sprout Social, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Sprout Social (SPT) Director Peter J. Barris Receives RSU Award
What Happened
- Peter J. Barris, a director of Sprout Social, was granted 26,470 restricted stock units (RSUs) on 2026-05-20. The grant price reported is $0.00 (no cash paid). Each RSU represents the contingent right to receive one share of the company's Class A common stock and the RSUs do not expire.
Key Details
- Transaction date and price: 2026-05-20; 26,470 RSUs; reported acquisition price $0.00.
- Vesting: RSUs vest on the earlier of (i) the day before the first annual meeting of stockholders after the grant or (ii) the first anniversary of the grant (i.e., generally within about one year). RSUs convert to one share each upon vesting.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Beneficial-ownership notes: F2/F3 state Barris is a member of PJ Barris, LLC (direct owner of some shares) and an investment advisor to PDB II LLC; he disclaims beneficial ownership of shares held by those entities except to the extent of his pecuniary interest.
- Filing timeliness: Form 4 filed 2026-05-21 for a 2026-05-20 grant — appears to be timely under Section 16 reporting rules.
Context
- This was a compensation award (grant of RSUs), not an open-market purchase or sale. RSU grants are commonly used to compensate directors and align their interests with shareholders; they do not represent immediately tradable shares until vested and settled.
Insider Transaction Report
Form 4
BARRIS PETER J
Director
Transactions
- Award
Class A Common Stock
[F1]2026-05-20+26,470→ 57,253 total
Holdings
- 49,623(indirect: See footnote)
Class A Common Stock
[F2] - 49,623(indirect: See footnote.)
Class A Common Stock
[F3]
Footnotes (3)
- [F1]The total reported in column 5 includes: 26,470 newly granted restricted stock units ("RSUs"), which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
- [F2]The Reporting Person is a member of PJ Barris, LLC, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of the shares held by PJ Barris, LLC, except to the extent of his pecuniary interest therein.
- [F3]The Reporting Person is the investment advisor of PDB II LLC, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of the shares held by PDB II LLC, except to the extent of his pecuniary interest therein.
Signature
/s/ Heidi Jonas, Attorney-in-fact for Peter J. Barris|2026-05-21