Sprout Social, Inc.·4

Apr 3, 4:03 PM ET

Barretto Ryan Paul 4

4 · Sprout Social, Inc. · Filed Apr 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Sprout Social (SPT) CEO Ryan Barretto Sells 2,189 Shares (Tax Withholding)

What Happened

  • Ryan Paul Barretto, CEO and Director of Sprout Social (SPT), had 2,189 shares surrendered/withheld to satisfy a tax liability related to equity compensation. The shares were accounted at $5.60 per share, for a total value of $12,258. This transaction is coded F (payment of exercise price or tax liability), i.e., a tax withholding/disposition rather than an open-market sale.

Key Details

  • Transaction date: 2026-04-01; Report filed: 2026-04-03 (timely).
  • Shares withheld/disposed: 2,189 at $5.60 each; total value $12,258.
  • Holdings after transaction (reported): includes 119,775 currently held shares in trusts and 900,856 RSUs (restricted stock units) of various vesting schedules — totaling 1,020,631 shares/RSU-equivalents reported in column 5.
  • Footnotes: F1 details multiple RSU tranches and vesting schedules; F2 notes each RSU converts to one share and does not expire; F3 discloses 60,000 and 59,775 shares held in two trusts (one where Mr. Barretto is trustee, one held by his spouse as trustee).
  • Transaction code: F = tax withholding/settlement of tax liability (not an open-market sale).

Context

  • This was a routine tax-withholding event tied to equity awards (RSUs) vesting. Shares withheld for taxes are common and do not necessarily indicate the insider’s view on the stock — they are administrative transactions to satisfy tax obligations rather than discretionary sales.

Insider Transaction Report

Form 4
Period: 2026-04-01
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2]
    2026-04-01$5.60/sh2,189$12,2581,383,173 total
Holdings
  • Class A Common Stock

    [F3]
    (indirect: See Footnote)
    119,775
Footnotes (3)
  • [F1]After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 30,000 reported restricted stock units ("RSUs") which vest in 4 equal quarterly installments beginning on June 1, 2026; (2) 15,034 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2026; (3) 34,770 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2026; (4) 55,626 reported RSUs which vest in 10 equal quarterly installments beginning on July 1, 2026; (5) 218,978 reported RSUs which will vest in 12 equal quarterly installments beginning on June 1, 2026; and (6) 546,448 RSUs of which 1/3 will vest on March 1, 2027 with the remaining RSUs vesting in 8 equal quarterly installments beginning on June 1, 2027.
  • [F2]Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
  • [F3]This amount represents: (i) 60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust, of which Mr. Barretto's spouse is the sole trustee; and (ii) 59,775 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.
Signature
/s/ Heidi Jonas, Attorney-in-fact for Ryan Paul Barretto|2026-04-03

Documents

1 file
  • 4
    wk-form4_1775246603.xmlPrimary

    FORM 4