Sprout Social (SPT) CEO adds 93,984 shares in 10b5-1 purchase
Rhea-AI Filing Summary
Sprout Social, Inc. CEO Ryan Paul Barretto reported a planned open‑market share purchase. On January 9, 2026, he acquired 93,984 shares of Class A common stock under a Rule 10b5-1 trading plan adopted on September 5, 2025, at a weighted average price of $10.668 per share from multiple trades priced between $10.505 and $10.90.
After this transaction, he beneficially owned 875,256 shares of Class A common stock, including several restricted stock unit (RSU) awards scheduled to vest in quarterly installments beginning March 1, 2026, April 1, 2026 and June 1, 2026. In addition, 119,775 shares are held indirectly through the Ryan Paul Barretto 2020 Gift Trust and the Ryan Paul Barretto Revocable Trust.
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FAQ
What insider transaction did Sprout Social (SPT) report for its CEO?
Sprout Social reported that CEO and director Ryan Paul Barretto acquired 93,984 shares of Class A common stock on January 9, 2026, in an open‑market purchase.
At what price did the Sprout Social CEO acquire the 93,984 shares?
The filing states a weighted average price of $10.668 per share, with individual trades executed at prices ranging from $10.505 to $10.90 per share.
Was the Sprout Social CEO’s trade made under a Rule 10b5-1 plan?
Yes. The transactions occurred under a Rule 10b5-1 trading plan adopted by Ryan Paul Barretto on September 5, 2025, as disclosed in the footnotes.
How many Sprout Social shares does the CEO beneficially own after this transaction?
Following the reported purchase, Ryan Paul Barretto beneficially owns 875,256 shares of Class A common stock, which includes multiple RSU awards that vest over time.
What RSU grants are included in the Sprout Social CEO’s reported holdings?
The total includes several RSU awards: 3,750 RSUs vesting in one quarterly installment on March 1, 2026, plus additional RSUs (37,500; 18,793; 39,116; 61,188; and 291,970) vesting in quarterly installments beginning on March 1, 2026, April 1, 2026, and June 1, 2026.
What indirect Sprout Social share holdings are reported for the CEO?
The filing lists 119,775 shares held indirectly: 60,000 shares in the Ryan Paul Barretto 2020 Gift Trust, where his spouse is sole trustee, and 59,775 shares in the Ryan Paul Barretto Revocable Trust, where he is the sole trustee.