Director at Sprout Social (NASDAQ: SPT) receives 13,779 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Gregory Scott reported acquisition or exercise transactions in this Form 4 filing.
Sprout Social, Inc. director Gregory Scott Brown reported an equity compensation grant of 13,779 restricted stock units (RSUs) of Class A Common Stock at no cash cost. Each RSU represents the right to receive one share of Class A Common Stock.
The 13,779 newly granted RSUs will vest on the earlier of the day immediately preceding the first annual stockholder meeting following the grant date or the first anniversary of the grant date. After this award, Brown beneficially owns 51,201 RSUs/underlying shares, including 37,422 RSUs that vest one-third on November 17, 2026 and then in quarterly installments until fully vested on November 17, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Gregory Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 13,779 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 51,201 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 13,779 RSUs
Beneficial RSU/underlying share holdings: 51,201 units
Prior RSUs outstanding: 37,422 RSUs
3 metrics
RSUs granted
13,779 RSUs
Equity award on May 20, 2026 to director Gregory Scott Brown
Beneficial RSU/underlying share holdings
51,201 units
Total non-derivative Class A Common Stock/RSUs following the transaction
Prior RSUs outstanding
37,422 RSUs
Previously granted RSUs with vesting through November 17, 2028
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, beneficially owned
3 terms
restricted stock units ("RSUs") financial
"includes: 13,779 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 of the"
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.
beneficially owned financial
"The total reported in column 5 includes: 13,779 newly granted restricted stock units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What did Sprout Social (SPT) director Gregory Scott Brown report in this Form 4?
Gregory Scott Brown reported receiving a grant of 13,779 restricted stock units (RSUs) of Sprout Social Class A Common Stock as equity compensation. The award was reported at no cash cost per unit and increases his total beneficial RSU-based holdings linked to Class A shares.
How many Sprout Social (SPT) RSUs does Gregory Scott Brown hold after this transaction?
After the grant, Gregory Scott Brown beneficially owns 51,201 RSUs or equivalent underlying Class A shares. This total includes the 13,779 newly granted RSUs plus 37,422 previously granted RSUs that continue to vest over time under their original vesting schedule.
What are the vesting terms for the 13,779 new RSUs at Sprout Social (SPT)?
The 13,779 newly granted RSUs will vest on the earlier of two dates: the day immediately before the first annual stockholder meeting after the grant, or the first anniversary of the grant date. Vesting must occur before shares of Class A Common Stock are actually delivered.
What is the vesting schedule for Gregory Scott Brown’s prior 37,422 Sprout Social (SPT) RSUs?
Of the 37,422 previously granted RSUs, one-third will vest on November 17, 2026. The remaining balance vests in equal one-eighth increments on each quarterly anniversary of the grant date, so that all RSUs are fully vested by November 17, 2028, subject to continued service conditions.