Sprout Social (SPT) director granted 26,470 RSUs, now holds 55,433 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walker Karen reported acquisition or exercise transactions in this Form 4 filing.
Sprout Social director Karen Walker received a grant of 26,470 restricted stock units (RSUs) for Class A Common Stock at no cash cost. These RSUs will vest on the earlier of the day immediately before the first annual stockholder meeting after the grant date or the first anniversary of the grant. After this award, she holds 55,433 shares of Class A Common Stock directly and 3,000 shares indirectly through three 2021 family trusts where she and her spouse serve as trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walker Karen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 26,470 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 55,433 shares (Direct, null);
Class A Common Stock — 3,000 shares (Indirect, See footnote)
Footnotes (1)
- The total reported in column 5 includes: 26,470 newly granted restricted stock units ("RSUs"), which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire. This amount represents: (i) 1,000 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 1,000 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 1,000 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.
Key Figures
RSUs granted: 26,470 RSUs
Direct shares after grant: 55,433 shares
Indirect trust shares: 3,000 shares
+1 more
4 metrics
RSUs granted
26,470 RSUs
Restricted stock units of Class A Common Stock granted to director
Direct shares after grant
55,433 shares
Class A Common Stock directly owned by Karen Walker after grant
Indirect trust shares
3,000 shares
Class A shares held across three 2021 family trusts
Trust share breakdown
1,000 shares per trust
Three separate 2021 trusts each hold 1,000 Class A shares
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, indirect, trustees
4 terms
restricted stock units ("RSUs") financial
"26,470 newly granted restricted stock units ("RSUs"), which will vest on the earlier"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
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.
indirect financial
"total_shares_following_transaction": "3000.0000", "direct_or_indirect": "I""
trustees financial
"of which Ms. Walker and her spouse serve as the trustees"
Trustees are people or a small group legally appointed to hold and manage assets, documents, or obligations on behalf of others and must act in those beneficiaries’ best interests. Think of them as a neutral guardian or custodian who enforces rules, protects assets, and makes decisions that can affect payments, corporate governance, or recovery in a default — all of which directly influence investor returns and risk.
FAQ
What insider transaction did Karen Walker report at Sprout Social (SPT)?
Karen Walker reported receiving 26,470 restricted stock units (RSUs) of Sprout Social Class A Common Stock. The grant is a stock-based compensation award, not an open-market purchase or sale, and increases her equity exposure to the company without requiring cash payment.
When do Karen Walker’s newly granted Sprout Social RSUs vest?
The 26,470 RSUs vest on the earlier of two dates: the day immediately before the first annual meeting of Sprout Social stockholders after the grant, or the first anniversary of the grant date. Each vested RSU converts into one share of Class A Common Stock.
How is Karen Walker’s indirect ownership in Sprout Social structured?
Her indirect ownership totals 3,000 Sprout Social Class A shares, split among three 2021 trusts: one for Michael Alexander Walker, one for Alexander Brooke Walker, and one for Cameron Richard Walker. She and her spouse act as trustees for all three trusts.