SPT insider trade: CFO Del Preto sells 1,500 shares under 10b5-1
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,500 | $10.22 | $15K |
Footnotes (1)
- This transaction occurred under a 10b5-1 plan adopted by the Reporting Person on August 20, 2024. 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.
FAQ
What insider trade did SPT report on Form 4?
Was the SPT insider sale under a Rule 10b5-1 plan?
What RSU vesting schedules were disclosed for SPT?
What is the transaction code listed for the SPT trade?
What does each SPT RSU represent?