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Sprout Social director plans 40K-share sale

Director Justyn Howard has filed a Rule 144 notice covering 40,000 SPT Class A shares, alongside disclosure of several recent insider sales.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sprout Social, Inc. (SPT) is the issuer in a notice of proposed resale of common stock under Rule 144 by director Justyn Howard. A brokerage account at Fidelity Brokerage Services LLC has filed to sell 40,000 Class A shares, with an estimated aggregate sale price of $430,775.97 on a trade date stated as September 11, 2026. The filing also lists prior sales over the past three months from the JRH Revocable Trust and from Justyn Howard personally, providing transparency into recent insider share disposals.

Positive

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Negative

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Shares proposed to be sold 40,000 Class A shares Proposed Rule 144 sale by account of director Justyn Howard
Estimated aggregate sale price (proposed) $430,775.97 Estimated value of 40,000 Class A shares for the proposed sale
Share count figure listed 55,022,855 shares Figure shown in the securities information section alongside the proposed sale
Past 3 months sale June 11, 2026 40,000 shares for $279,697.57 JRH Revocable Trust Class A sale on June 11, 2026
Past 3 months sale July 10, 2026 40,000 shares for $331,350.72 JRH Revocable Trust Class A sale on July 10, 2026
Past 3 months sale August 11, 2026 40,000 shares for $404,587.95 JRH Revocable Trust Class A sale on August 11, 2026
Sale by Justyn Howard on September 2, 2026 10,895 shares for $124,754.28 Direct Class A sale listed under securities sold during past 3 months
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.
Founders Shares financial
"Class A | 04/23/2010 | Founders Shares | Issuer"
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.
Revocable Trust financial
"Jrh Revocable Trust 131 South Dearborn St. Suite 700 Chicago IL 60603"
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 a duly authorized representative of Fidelity Brokerage Services LLC, 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.

What does the Form 144 filing for Sprout Social, Inc. (SPT) disclose?

It discloses a proposed Rule 144 resale of 40,000 Class A shares of Sprout Social, Inc. stock, with an estimated aggregate sale price of $430,775.97, through Fidelity Brokerage Services LLC on a trade date stated as September 11, 2026.

Who is selling Sprout Social (SPT) shares in this Form 144?

The notice is filed for the account of Justyn Howard, a director of Sprout Social, Inc. The remarks state that today’s sale and the recent three months of sales occurred in the JRH Revocable Trust, of which he is a trustee and account stakeholder.

How many Sprout Social (SPT) shares are proposed to be sold now?

The filing covers a proposed sale of 40,000 Class A shares of Sprout Social, Inc. common stock, identified as founders shares originally acquired from the issuer as compensation on April 23, 2010.

What recent insider sales of SPT shares are listed in the last 3 months?

The filing lists JRH Revocable Trust sales of 40,000 shares each on June 11, 2026, July 10, 2026, and August 11, 2026, plus a sale by Justyn Howard of 10,895 shares on September 2, 2026, with corresponding dollar amounts for each transaction.

What dollar amounts were realized from recent Sprout Social (SPT) insider sales?

The JRH Revocable Trust sales realized $279,697.57 on June 11, 2026, $331,350.72 on July 10, 2026, and $404,587.95 on August 11, 2026. The September 2, 2026 sale by Justyn Howard totaled $124,754.28.

What is the total market value of Sprout Social (SPT) shares covered by this Form 144?

For the proposed sale, the filing reports an estimated aggregate sale price of $430,775.97 for 40,000 Class A shares, and lists a figure of 55,022,855 as a share count related to the securities information section.

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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