Sprout Social, Inc.·4

Jun 3, 4:04 PM ET

Barretto Ryan Paul 4

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

Research Summary

AI-generated summary of this filing

Updated

Sprout Social (SPT) CEO Ryan Barretto Sells 13,323 Shares

What Happened

  • Ryan Paul Barretto, CEO and director of Sprout Social (SPT), disposed of 13,323 shares on June 1, 2026. The shares were disposed at $8.29 each for proceeds of $110,448. The transaction is reported with code F, indicating the shares were used to satisfy an exercise price or tax withholding obligation (not an open-market sale for investment).

Key Details

  • Transaction date and price: 2026-06-01, 13,323 shares at $8.29, total $110,448.
  • Transaction type: Code F — payment of exercise price or tax liability (cashless/withholding-style disposition).
  • Reported holdings after this transaction: the filing’s reported total includes approximately 867,004 RSUs (various vesting schedules) plus 119,775 shares held in trusts (60,000 + 59,775), totaling about 986,779 shares/rights reflected in the report.
  • Notable footnotes:
    • F1: Details many RSU tranches and vesting schedules (quarterly vesting beginning as early as July 1, 2026, and some vesting starting March/June 2027).
    • F2: Each RSU represents the contingent right to one share of Class A common stock.
    • F3: 119,775 shares held in two trusts (one of which Mr. Barretto serves as trustee; the other’s trustee is his spouse).
  • Filing timeliness: Reported on June 3, 2026 for a June 1 transaction (no late filing flag indicated).

Context

  • This was a routine withholding/disposition to cover taxes or exercise costs tied to equity awards (code F). Such transactions are usually administrative and do not necessarily indicate a change in the insider’s view of the company. The filing also shows substantial unvested RSU holdings that will vest over multiple future quarters.

Insider Transaction Report

Form 4
Period: 2026-06-01
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2]
    2026-06-01$8.29/sh13,323$110,4481,369,850 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) 22,500 reported restricted stock units ("RSUs") which vest in 3 equal quarterly installments beginning on September 1, 2026; (2) 11,276 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2026; (3) 30,424 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2026; (4) 55,626 reported RSUs which vest in 10 equal quarterly installments beginning on July 1, 2026; (5) 200,730 reported RSUs which will vest in 11 equal quarterly installments beginning on September 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|2026-06-03

Documents

1 file
  • 4
    wk-form4_1780517096.xmlPrimary

    FORM 4