Sprout Social, Inc.·4

May 21, 4:08 PM ET

Walker Karen 4

4 · Sprout Social, Inc. · Filed May 21, 2026

Research Summary

AI-generated summary of this filing

Updated

Sprout Social (SPT) Director Karen Walker Receives RSU Award

What Happened Karen Walker, a member of Sprout Social's board of directors, received a grant of 26,470 restricted stock units (RSUs) on 2026-05-20. The RSUs were granted at $0.00 per unit (no cash purchase) and each RSU represents the contingent right to one share of Class A common stock. The award does not expire and is subject to a short vesting schedule.

Key Details

  • Transaction date and type: 2026-05-20 — Award/Acquisition (RSU grant) recorded at $0.00 per unit.
  • Vesting: RSUs vest on the earlier of (i) the day before the Issuer's first annual meeting after the grant or (ii) the first anniversary of the grant (i.e., up to ~1 year). (Footnote F1)
  • Shares reported after transaction: 29,470 beneficially owned per the filing — 26,470 RSUs plus 3,000 shares held in three family trusts (1,000 each). (Footnote F2)
  • Filing timeliness: Reported on Form 4 filed 2026-05-21 for a 2026-05-20 transaction (filed next day; appears timely).
  • No sale, purchase, exercise, or tax-withholding sale was reported in this filing.

Context RSU grants to directors are common compensation and represent a contingent right to receive company stock upon vesting; they are not an open-market purchase and do not by themselves indicate the insider is buying shares. The relatively short vesting window means these units will convert to shares (if vested) within about a year. For retail investors, awards are useful to track but are generally less informative than open-market purchases when assessing insider conviction.

Insider Transaction Report

Form 4
Period: 2026-05-20
Walker Karen
Director
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-05-20+26,47055,433 total
Holdings
  • Class A Common Stock

    [F2]
    (indirect: See footnote)
    3,000
Footnotes (2)
  • [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]This amount represents: (i) 1,000 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 1,000 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 1,000 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.
Signature
/s/ Heidi Jonas, Attorney-in-fact for Karen Walker|2026-05-21

Documents

1 file
  • 4
    wk-form4_1779394106.xmlPrimary

    FORM 4