Sprout Social CEO reports sale and extensive RSU vesting schedule
Rhea-AI Filing Summary
Ryan Paul Barretto, who serves as CEO and a Director of Sprout Social, Inc. (SPT), reported a sale of 8,755 shares of Class A common stock on 10/01/2025 at a price of $12.47 per share. After the reported sale, Mr. Barretto is shown as beneficially owning 791,374 shares directly and 119,775 shares indirectly through trusts. The filing discloses extensive restricted stock unit (RSU) holdings that convert to Class A shares under scheduled vesting: several tranches totaling the amounts listed in the form, including large grants with vesting beginning December 1, 2025, and January–March 2026. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
Positive
- Substantial direct ownership of 791,374 Class A shares remains after the reported sale
- Material RSU grants with defined vesting schedules (examples: 291,970, 66,750, 45,000 RSUs) provide future alignment with shareholder interests
Negative
- Sale of 8,755 shares at $12.47 on 10/01/2025 reduced direct holdings
- Significant near-term vesting (starting 12/01/2025 and 03/01/2026) could increase share supply when RSUs convert to stock
Insights
Insider sale and large scheduled RSU vesting are disclosed; ownership remains substantial.
The filing shows a disposition of 8,755 shares at $12.47 on 10/01/2025, reducing direct holdings but leaving 791,374 direct shares plus 119,775 indirect shares across two trusts.
The disclosure also lists multiple RSU tranches with specific vesting schedules beginning 12/01/2025, 01/01/2026, and 03/01/2026, indicating future share issuances tied to employment or service conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 8,755 | $12.47 | $109K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire. After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 7,500 reported RSUs which vest in 2 equal quarterly installments beginning on December 1, 2025; (2) 45,000 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2025; (3) 22,551 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2025; (4) 43,462 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2025; (5) 66,750 reported RSUs which in 12 equal quarterly installments beginning on January 1, 2026; and (6) 291,970 reported RSUs of which 25% will vest on March 1, 2026 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2026. This amount represents: (i) 60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust, of which Mr. Barretto's spouse is the sole trustee; and (ii) 59,775 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.