Sprout Social Inc SEC Filings

Justyn R. Howard, Executive Chair and 10% owner of Sprout Social (SPT), reported several transactions in Class A and Class B common stock under a Rule 10b5-1 plan. Mr. Howard sold 10,566 Class A shares to cover tax obligations tied to vested restricted stock units at an average price of $15.163. Under a 10b5-1 plan, he also sold 20,000 Class A shares at a weighted average price of $14.937 while contemporaneously acquiring or converting 20,000 shares (recorded as Class B shares exchangeable into Class A). After these moves he directly holds 296,522 Class A shares and, indirectly through trusts, beneficially controls a substantial block of Class B shares exchangeable into Class A (totaling over 1.76 million exchangeable Class A shares plus other reported RSUs).

Joseph Del Preto, Chief Financial Officer and Treasurer of Sprout Social, Inc. (SPT), reported sales of Class A common stock on 09/03/2025 executed under Rule 10b5-1 plans. He sold 3,644 shares at a weighted-average price of $15.163 and 1,500 shares at a weighted-average price of $15.185, with individual sales ranging from $15.05 to $15.45 per share. After these dispositions, he beneficially owns 241,868 shares. The filing explains the sales were made to cover tax obligations tied to restricted stock units (RSUs) and discloses detailed RSU vesting schedules totaling reported RSUs that will vest beginning December 1, 2025 through quarterly installments.

Ryan Paul Barretto, CEO and director of Sprout Social, Inc. (SPT), reported a sale of 10,571 shares of Class A common stock on 09/02/2025 at a price of $15.25 per share. After the reported disposition, Mr. Barretto is shown as beneficially owning 800,129 shares directly and 119,775 shares indirectly (through two trusts). The filing discloses detailed restricted stock unit (RSU) holdings that convert to Class A shares: several tranches totaling the direct reported balance, with specific vesting schedules that begin on December 1, 2025, October 1, 2025, and March 1, 2026, and include quarterly vesting installments. Two trusts account for the indirect holdings: the Ryan Paul Barretto 2020 Gift Trust (60,000 shares) and the Ryan Paul Barretto Revocable Trust (59,775 shares).

Sprout Social, Inc. (SPT) furnished a Current Report on Form 8-K that reaffirms its third quarter and full year 2025 guidance previously issued in a press release on August 6, 2025. The filing notes that the press release is included as an exhibit to the Company’s Current Report filed on that date and clarifies the material is being furnished rather than "filed" for certain legal purposes. The document contains a standard cautionary statement that forward-looking statements about the Company’s financial performance are subject to uncertainties and risks, references the Company’s Annual Report and Quarterly Report for risk factors, and states management is not obligated to update forward-looking statements except as required by law.

Form 144 filing for Sprout Social, Inc. (SPT) shows a proposed sale of 10,566 Class A shares by the identified seller through Fidelity Brokerage Services LLC on NASDAQ with an aggregate market value of $160,213.31 and an approximate sale date of 09/03/2025. The filing states these shares were acquired on 09/02/2025 via restricted stock vesting from the issuer and were received as compensation. The filer also disclosed a prior sale of 10,575 Class A shares on 06/03/2025 for gross proceeds of $227,959.99. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.

The filing is a Form 144 notice for Sprout Social, Inc. (ticker SPT) reporting a proposed sale of 3,644 Class A shares to be executed through Fidelity Brokerage Services on 09/03/2025 with an aggregate market value of $55,254.34. The shares were acquired on 09/02/2025 through restricted stock vesting and are marked as compensation.

The filing also lists a prior sale during the past three months: Joseph Del Preto sold 3,649 Class A shares on 06/03/2025 for gross proceeds of $78,659.67. The filer attests there is no undisclosed material adverse information about the issuer.

Sprout Social's Schedule 13G/A shows Wellington Management entities collectively reporting beneficial ownership of 271,768 shares of Sprout Social common stock, representing about 0.5% of the class (Item 4(b) reports 0.52%). The filing reports 0 shares of sole voting power and sole dispositive power, 215,034 shares of shared voting power, and 271,768 shares of shared dispositive power. The securities are owned of record by clients of Wellington investment advisers and are held in the ordinary course of business. The filing identifies the Wellington entities and advisers involved and is a routine disclosure for holdings below 5%.

Baillie Gifford & Co reports beneficial ownership of 526,655 ordinary shares of Sprout Social, representing 1.02% of the class. The filing shows the firm has sole voting and sole dispositive power over these shares and classifies the holder as an investment adviser. The statement also explicitly notes the position is held in the ordinary course of business and not for the purpose of changing or influencing control.

This disclosure meets the Schedule 13G threshold for ownership under 5% and indicates a passive, advisory-level stake rather than an activist or controlling position.