Walker Karen 4

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.