[144] Sprout Social, Inc SEC Filing

Rhea-AI Filing Summary

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.

Positive

• Transparent compliance with Rule 144 via timely disclosure of proposed sale and acquisition details

Negative

• None.

Insights

Financial Analyst

TL;DR: Small insider sale from vested restricted stock; transaction appears routine and procedural, not materially impactful to valuation.

The Form 144 reports a proposed sale of 3,644 shares valued at $55,254.34, acquired by restricted stock vesting on 09/02/2025 and slated for sale on 09/03/2025. The size of the holding and proceeds are modest relative to typical market-capitalization benchmarks, suggesting limited market impact. The inclusion of a prior sale of 3,649 shares for $78,659.67 on 06/03/2025 is a factual disclosure of recent insider selling activity. This filing primarily signals compliance with Rule 144 disclosure requirements rather than a material change in company fundamentals.

Corporate Governance Expert

TL;DR: Filing demonstrates compliance with insider-trading disclosure rules; no governance red flags disclosed here.

The notice documents that shares arose from restricted stock vesting and will be sold through a broker, and includes the required certification about absence of undisclosed material adverse information. From a governance perspective, timely Form 144 filings and clear designation of acquisition type (compensation) meet standard disclosure expectations. No departures, related-party transactions, or conflicting statements are presented in this content.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	3644	55254.34	52645842	09/03/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	09/02/2025	Restricted Stock Vesting	Issuer			3644	09/02/2025	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Joseph Del Preto 131 South Dearborn St. Suite 700 Chicago IL 60603	Class A	06/03/2025	3649	78659.67

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Sprout Social (SPT) report?

It reports a proposed sale of 3,644 Class A shares through Fidelity on 09/03/2025 with aggregate market value $55,254.34.

How were the shares being sold acquired?

The shares were acquired on 09/02/2025 via restricted stock vesting and are classified as compensation.

Were there any recent insider sales by related persons?

Yes. The filing notes that Joseph Del Preto sold 3,649 Class A shares on 06/03/2025 for gross proceeds of $78,659.67.

Does the filer state any undisclosed material information?

The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.

What broker is handling the proposed sale?

The proposed sale is to be handled by Fidelity Brokerage Services LLC (address listed in filing).