Sprout Social (SPT) CEO reports small tax-withholding share disposition, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprout Social, Inc. director and CEO Ryan Paul Barretto reported a routine tax-withholding disposition of 2,189 shares of Class A Common Stock on April 1, 2026 at $5.60 per share. This was classified as payment of a tax liability by delivering shares, not an open-market sale.
After this entry, he directly holds 1,383,173 shares of Class A Common Stock. In addition, he has 119,775 shares held indirectly through the Ryan Paul Barretto 2020 Gift Trust and the Ryan Paul Barretto Revocable Trust, and substantial restricted stock unit awards that will vest over multiple quarterly installments beginning in 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Barretto Ryan Paul
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,189 | $5.60 | $12K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,383,173 shares (Direct);
Class A Common Stock — 119,775 shares (Indirect, See Footnote)
Footnotes (1)
- After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 30,000 reported restricted stock units ("RSUs") which vest in 4 equal quarterly installments beginning on June 1, 2026; (2) 15,034 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2026; (3) 34,770 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2026; (4) 55,626 reported RSUs which vest in 10 equal quarterly installments beginning on July 1, 2026; (5) 218,978 reported RSUs which will vest in 12 equal quarterly installments beginning on June 1, 2026; and (6) 546,448 RSUs of which 1/3 will vest on March 1, 2027 with the remaining RSUs vesting in 8 equal quarterly installments beginning on June 1, 2027. 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) 60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust, of which Mr. Barretto's spouse is the sole trustee; and (ii) 59,775 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.
Key Figures
Tax-withholding shares: 2,189 shares
Tax-withholding price: $5.60 per share
Direct holdings after transaction: 1,383,173 shares
+3 more
6 metrics
Tax-withholding shares
2,189 shares
Class A Common Stock delivered for tax liability at $5.60 on April 1, 2026
Tax-withholding price
$5.60 per share
Value used for 2,189-share tax-withholding disposition
Direct holdings after transaction
1,383,173 shares
Class A Common Stock directly held by Ryan Barretto after April 1, 2026 entry
Indirect holdings via trusts
119,775 shares
60,000 in 2020 Gift Trust and 59,775 in Revocable Trust
Largest RSU grant
546,448 RSUs
One-third vests March 1, 2027, remainder in 8 quarterly installments from June 1, 2027
RSU award
218,978 RSUs
Vests in 12 equal quarterly installments beginning June 1, 2026
Key Terms
restricted stock units, RSUs, tax-withholding disposition, Class A Common Stock, +2 more
6 terms
restricted stock units financial
"the total reported in column 5 includes: (1) 30,000 reported restricted stock units ("RSUs") which vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"(5) 218,978 reported RSUs which will vest in 12 equal quarterly installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
""Payment of exercise price or tax liability by delivering securities""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
Gift Trust financial
"60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust"
Revocable Trust financial
"59,775 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transaction did Sprout Social (SPT) report for CEO Ryan Barretto?
Sprout Social CEO Ryan Barretto reported a tax-withholding disposition of 2,189 shares of Class A Common Stock. The shares were delivered at $5.60 each to cover tax obligations, rather than sold on the open market, and he retained a large remaining equity position.
Was the Sprout Social (SPT) Form 4 a market sale by the CEO?
The Form 4 shows a tax-withholding disposition, not an open-market sale. Barretto delivered 2,189 shares at $5.60 per share to satisfy tax obligations, while keeping more than 1.3 million shares directly and additional indirect holdings through trusts and restricted stock units.
What indirect Sprout Social (SPT) holdings are reported for Ryan Barretto?
The filing reports 60,000 shares held by the Ryan Paul Barretto 2020 Gift Trust and 59,775 shares held by the Ryan Paul Barretto Revocable Trust. Together these trusts hold 119,775 Sprout Social Class A Common shares associated with Barretto as trustee or through his spouse.
What restricted stock units does the Sprout Social (SPT) CEO have outstanding?
The Form 4 footnotes list multiple RSU awards, including blocks of 30,000, 15,034, 34,770, 55,626, 218,978 and 546,448 RSUs. These units vest in scheduled quarterly installments beginning June 1, 2026, July 1, 2026, and in 2027, each RSU representing one Class A share.