STOCK TITAN

Sprout Social (SPT) director receives 26,470 RSU equity grant

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

Rhea-AI Filing Summary

Sprout Social, Inc. director Stanley William Thomas reported an acquisition of equity through a compensation grant. He received 26,470 restricted stock units (RSUs) of Class A Common Stock at no cash cost, increasing his directly held position to 50,117 shares/RSUs after the grant.

The footnote explains that these 26,470 newly granted RSUs will vest on the earlier of the day immediately preceding the first annual meeting of stockholders following the grant date or the first anniversary of the grant date. Each RSU converts into one share of Class A Common Stock when it vests and does not expire.

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Insider Stanley William Thomas
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 26,470 $0.00 --
Holdings After Transaction: Class A Common Stock — 50,117 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 26,470 RSUs Restricted stock units of Class A Common Stock granted to director
Holdings after grant 50,117 shares/RSUs Total Class A Common Stock/RSUs directly held after transaction
Grant price $0.0000 per share Recorded transaction price per share for the RSU grant
restricted stock units ("RSUs") financial
"includes: 26,470 newly granted restricted stock units ("RSUs"), which will vest"
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.
vest financial
"RSUs, which will vest on the earlier of (i) the day immediately preceding"
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.
SEC Form 4
FORM 4UNITED 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).
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*
Stanley William Thomas

(Last)(First)(Middle)
131 SOUTH DEARBORN STREET, SUITE 700

(Street)
CHICAGO ILLINOIS 60603

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sprout Social, Inc. [ SPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/20/2026A26,470A$050,117(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
Remarks:
/s/ Heidi Jonas, Attorney-in-fact for William Thomas Stanley05/21/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sprout Social (SPT) disclose in this Form 4?

Sprout Social director Stanley William Thomas reported receiving 26,470 restricted stock units of Class A Common Stock as a grant. The award was recorded at a price of $0.0000 per share, reflecting equity compensation rather than an open-market purchase or sale.

How many Sprout Social (SPT) shares/units does the director hold after this grant?

After the grant, Stanley William Thomas is shown as holding a total of 50,117 shares/RSUs of Sprout Social Class A Common Stock directly. This total includes the 26,470 newly granted restricted stock units disclosed in the Form 4 footnote.

What are the vesting terms for the 26,470 Sprout Social (SPT) RSUs?

The 26,470 restricted stock units vest on the earlier of two dates: the day immediately preceding the first annual meeting of Sprout Social stockholders after the grant date, or the first anniversary of the grant date, as described in the Form 4 footnote.

Does the Sprout Social (SPT) director pay cash for the 26,470 RSU grant?

No, the RSU grant is recorded at $0.0000 per share, indicating it is an equity compensation award rather than a cash purchase. The director receives the contingent right to shares, which convert into Class A Common Stock upon vesting.

What does each Sprout Social (SPT) RSU represent in this Form 4 filing?

Each restricted stock unit represents a contingent right to receive one share of Sprout Social Class A Common Stock. According to the footnote, these RSUs do not expire and will convert into shares when the specific vesting conditions are satisfied.