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SPT insider trade: CFO Del Preto sells 1,500 shares under 10b5-1

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sprout Social (SPT) reported an insider transaction by CFO and Treasurer Joseph Del Preto. On November 4, 2025, he sold 1,500 shares of Class A Common Stock at $10.22 per share (transaction code “S”). The sale was executed under a Rule 10b5-1 trading plan adopted on August 20, 2024.

After the sale, Del Preto beneficially owned 238,868 shares, which includes restricted stock units (RSUs): 4,383 RSUs vest in two equal quarterly installments beginning December 1, 2025; 15,237 RSUs vest in six equal quarterly installments beginning December 1, 2025; 34,452 RSUs vest in ten equal quarterly installments beginning December 1, 2025; and 118,613 RSUs vest with 25% on March 1, 2026 and the remainder in twelve equal quarterly installments beginning June 1, 2026. Each RSU represents one share of Class A Common Stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Del Preto Joseph

(Last) (First) (Middle)
131 SOUTH DEARBORN ST.
SUITE 700

(Street)
CHICAGO IL 60603

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sprout Social, Inc. [ SPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO and Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/04/2025 S(1) 1,500 D $10.22 238,868(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction occurred under a 10b5-1 plan adopted by the Reporting Person on August 20, 2024.
2. The total reported in column 5 includes: (1) 4,383 reported RSUs which vest in 2 equal quarterly installments beginning on December 1, 2025; (2) 15,237 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2025; (3) 34,452 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2025; and (4) 118,613 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. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
Remarks:
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto 11/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider trade did SPT report on Form 4?

CFO and Treasurer Joseph Del Preto sold 1,500 Class A shares at $10.22 on November 4, 2025.

Was the SPT insider sale under a Rule 10b5-1 plan?

Yes. The transaction occurred under a Rule 10b5-1 plan adopted on August 20, 2024.

How many SPT shares does the insider own after the sale?

Following the transaction, he beneficially owned 238,868 shares, including RSUs.

What RSU vesting schedules were disclosed for SPT?

RSUs include 4,383 (2 quarterly installments from Dec 1, 2025), 15,237 (6 installments from Dec 1, 2025), 34,452 (10 installments from Dec 1, 2025), and 118,613 (25% on Mar 1, 2026, remainder over 12 installments from Jun 1, 2026).

What is the transaction code listed for the SPT trade?

The transaction code is S, indicating an open-market or private sale.

What does each SPT RSU represent?

Each RSU represents the right to receive one share of Class A Common Stock and does not expire.
Sprout Social Inc

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