Sprout Social (NASDAQ: SPT) CTO awarded 120,192 RSUs vesting into 2027
Rhea-AI Filing Summary
Rankin Aaron Edward Frederick reported acquisition or exercise transactions in this Form 4 filing.
Sprout Social, Inc. reported that Chief Technology Officer and 10% owner Aaron Edward Frederick Rankin received an equity award of 120,192 RSUs tied to Class A Common Stock on August 3, 2026. After this grant, his reported holdings total 235,161 shares and RSUs.
The holdings include 3,048 RSUs vesting in three equal quarterly installments and 2,968 RSUs vesting in seven equal quarterly installments, both beginning September 1, 2026, plus the 120,192 new RSUs, of which 50% vest on September 1, 2027 and the remainder in four equal quarterly installments starting December 1, 2027. Each RSU represents a contingent right to receive one share of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 120,192 shares
Net Buy
1 txn
Insider
Rankin Aaron Edward Frederick
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 120,192 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 235,161 shares (Direct)
Footnotes (1)
- F1. After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 3,048 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2026; (2) 2,968 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2026; and (3) 120,192 newly granted RSUs of which 50% will vest on September 1, 2027 with the remaining RSUs vesting in 4 equal quarterly installments beginning on December 1, 2027. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
Key Figures
New RSU award: 120,192 units
Holdings after award: 235,161 shares/RSUs
Earlier RSU grant 1: 3,048 units
+3 more
6 metrics
New RSU award
120,192 units
RSUs granted to Aaron Edward Frederick Rankin on August 3, 2026
Holdings after award
235,161 shares/RSUs
Total Class A Common Stock and RSUs reported after the transaction
Earlier RSU grant 1
3,048 units
RSUs vesting in 3 equal quarterly installments beginning September 1, 2026
Earlier RSU grant 2
2,968 units
RSUs vesting in 7 equal quarterly installments beginning September 1, 2026
Initial vesting of new RSUs
50%
Portion of 120,192 new RSUs scheduled to vest on September 1, 2027
Remaining vesting tranches
4 installments
Remaining new RSUs vest in four equal quarterly installments beginning December 1, 2027
Key Terms
RSUs, vest, contingent right, Class A Common Stock
4 terms
RSUs financial
"reported RSUs which vest in 3 equal quarterly installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vest financial
"RSUs which vest in 7 equal quarterly installments beginning on September 1, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents the contingent right to receive one share"
Class A Common Stock financial
"Each RSU represents the contingent right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Sprout Social (SPT) CTO Aaron Rankin receive?
Aaron Edward Frederick Rankin received an award of 120,192 RSUs linked to Sprout Social Class A Common Stock. These RSUs add to his existing awards and, once fully vested and settled, each RSU will deliver one share of Class A Common Stock.
What is the vesting schedule for Aaron Rankin's new Sprout Social (SPT) RSUs?
Of the 120,192 newly granted RSUs, 50% are scheduled to vest on September 1, 2027. The remaining RSUs vest in four equal quarterly installments beginning December 1, 2027, spreading the delivery of shares over several post-2027 quarters.
When do Aaron Rankin's earlier Sprout Social (SPT) RSU awards vest?
An earlier grant of 3,048 RSUs vests in three equal quarterly installments starting September 1, 2026. Another 2,968 RSUs vest in seven equal quarterly installments beginning the same date, creating a staggered vesting pattern through multiple quarters.
Were Aaron Rankin's Sprout Social (SPT) equity awards made under a Rule 10b5-1 plan?
The disclosure shows the Rule 10b5-1 checkbox as not affirmed, indicating this RSU grant is not reported as executed under a Rule 10b5-1 trading plan. It appears as a standard equity compensation award rather than a pre-arranged trading transaction.