Collins Steven A 4

What Happened

• Steven A. Collins, a director of Sprout Social, Inc. (SPT), was granted 26,470 restricted stock units (RSUs) on 2026-05-20. The award was reported as an "A" (award/grant) on Form 4 at a $0.00 purchase price — i.e., these are compensatory RSUs rather than a cash purchase.
• Each RSU represents the contingent right to receive one share of Class A common stock upon vesting; the grant itself had no immediate cash value reported.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (timely filing).
• Grant amount and price: 26,470 RSUs @ $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: RSUs vest on the earlier of (i) the day before the issuer's first annual meeting following the grant or (ii) the first anniversary of the grant; RSUs do not expire (per footnote F1).
• Transaction code: A = Award/Grant.

Context

• RSUs are a deferred-compensation award that convert into actual shares only upon vesting; they are not immediately tradable. Such director RSU grants are common as compensation for service and do not, by themselves, indicate a purchase or sale sentiment.
• Because this was a grant (not a sale or open-market purchase), it’s primarily informative about executive/director compensation rather than a direct bullish or bearish trading signal.