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Sprout Social director lists $441K in shares for sale

It also lists four prior Class A sales during 2026: 40,000 shares on July 10 and August 11, 10,895 on September 2, and 40,000 on September 11.

(Neutral)

Sentiment and the balance of points

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Form Type
144

Rhea-AI Filing Summary

Sprout Social, Inc. (SPT) has a notice listing 40,000 Class A shares for sale for the account of its director, Howard Justyn Russell, through Fidelity Brokerage Services LLC. The notice gives an aggregate market value of $440,589.16 and an approximate sale date of October 9, 2026. It identifies the shares as founder shares received as compensation. Remarks state that the current and prior three-month sales occurred in the JRH Revocable Trust, of which Justyn Howard is a trustee and account stakeholder.

Shares listed for sale 40,000 Class A shares Approximate sale date: October 9, 2026
Aggregate market value $440,589.16 40,000 Class A shares listed for sale
Past sale aggregate market value $331,350.72 40,000 Class A shares sold July 10, 2026
Past sale aggregate market value $404,587.95 40,000 Class A shares sold August 11, 2026
Past sale aggregate market value $124,754.28 10,895 Class A shares sold September 2, 2026
Past sale aggregate market value $430,775.97 40,000 Class A shares sold September 11, 2026
Rule 144 regulatory
"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.
Founders Shares financial
"Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SPT shares did director Howard Justyn Russell list for sale?

The notice lists 40,000 Class A shares for sale through Fidelity Brokerage Services LLC, with an aggregate market value of $440,589.16.

What SPT share sales were reported during the prior three months?

The listed sales were 40,000 Class A shares on July 10, 40,000 on August 11, 10,895 on September 2, and 40,000 on September 11, 2026. Remarks state that the current sale and prior sales occurred in the JRH Revocable Trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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