Sprout Social director plans sale of 10,895 shares
Sprout Social, Inc. (SPT) received a Rule 144 notice relating to planned sales of its Class A common stock for the account of director Justyn Howard.
Rhea-AI Filing Summary
Sprout Social, Inc. (SPT) received a Rule 144 notice relating to planned sales of its Class A common stock for the account of director Justyn Howard. The notice covers 10,895 Class A shares held at Fidelity Brokerage Services, with an indicated aggregate value of $124,754.28. These shares arise from restricted stock vesting on September 1, 2026, described as compensation. The filer notes that today’s sale includes shares to satisfy tax obligations from the settlement of a vested equity award, and that additional sales in the past three months occurred in an account of the Jrh Revocable Trust, of which Howard is a trustee and stakeholder.
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Key Figures
Class A shares planned for sale: 10,895 shares
Aggregate value of planned position: $124,754.28
Vesting date of restricted stock: September 1, 2026
+3 more
6 metrics
Class A shares planned for sale
10,895 shares
Planned Rule 144 sale for director Justyn Howard’s account
Aggregate value of planned position
$124,754.28
Value associated with the 10,895 Class A shares held at Fidelity
Vesting date of restricted stock
September 1, 2026
Date of restricted stock vesting tied to the 10,895 shares
Shares sold on June 2, 2026
11,641 shares
Class A shares sold for $90,167.69 in a prior transaction
Shares sold on June 11, 2026
40,000 shares
Class A shares sold for $279,697.57 via Jrh Revocable Trust
Shares sold on August 11, 2026
40,000 shares
Class A shares sold for $404,587.95 via Jrh Revocable Trust
Key Terms
Rule 144, restricted stock vesting, equity award distribution, Revocable Trust, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Class A | 09/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
equity award distribution financial
"a tax obligation resulting from the settlement of a vested equity award distribution."
Revocable Trust financial
"the account of the Jrh Revocable Trust, of which Justyn Howard is a trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
attorney-in-fact regulatory
"as attorney-in-fact for Justyn Howard"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for Sprout Social, Inc. (SPT)?
The Form 144 notice discloses that director Justyn Howard plans to sell 10,895 Class A shares of Sprout Social, Inc. through Fidelity Brokerage Services, with an indicated aggregate value of $124,754.28, following restricted stock vesting on September 1, 2026.
What Sprout Social (SPT) stock sales occurred in the past three months?
Over the past three months, reported sales include 11,641 Class A shares on June 2, 2026, and 40,000 Class A shares each on June 11, July 10, and August 11, 2026. Aggregate values were $90,167.69, $279,697.57, $331,350.72, and $404,587.95, respectively.
Who is the selling security holder in the Sprout Social (SPT) Form 144?
The notice is filed for the account of Justyn Howard, a director of Sprout Social, Inc. It also notes sales over the prior three months in an account of the Jrh Revocable Trust, where Howard is a trustee and account stakeholder.
What role does Fidelity Brokerage Services play in the Sprout Social (SPT) filing?
The 10,895 Class A shares covered by the new Rule 144 notice are held at Fidelity Brokerage Services LLC. The notice is signed by Daniel Tucci as a duly authorized representative of Fidelity, acting as attorney-in-fact for Justyn Howard.
AI-generated analysis. How Rhea-AI works. Not financial advice.
