Barretto Ryan Paul 4

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.