Sprout Social (SPT) CEO logs ESPP purchase, tax share withholding in Form 4
Rhea-AI Filing Summary
Sprout Social, Inc. director and CEO Ryan Paul Barretto reported routine equity compensation activity. On June 30, 2026, he acquired 2,415 shares of Class A Common Stock through the company’s 2019 Employee Stock Purchase Plan at a price equal to 85% of the June 30 closing price.
On July 1, 2026, 2,190 shares of Class A Common Stock were disposed of as a tax-withholding transaction, satisfying exercise price or tax liabilities by delivering shares. After these transactions, his reported direct holdings, including RSUs, totaled 1,370,075 shares, and indirect holdings were 119,775 shares held via the Ryan Paul Barretto 2020 Gift Trust and the Ryan Paul Barretto Revocable Trust. Footnotes detail substantial RSU awards that vest in scheduled quarterly installments beginning in 2026 and 2027, each RSU representing the right to receive one share of Class A Common Stock.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,190 | $7.99 | $17K |
| holding | Class A Common Stock | -- | -- | -- |
| Grant/Award | Class A Common Stock | 2,415 | $6.418 | $15K |
Footnotes (1)
- Shares purchased pursuant to the Issuer's 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of January 1, 2026 through June 30, 2026. This transaction is exempt from Rule16b-3 (d) and Rule16b-3(c). In accordance with the ESPP, 2,415 shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on June 30, 2026. The ESPP provides for the purchase of fractional shares. The numbers reported herein are rounded to the nearest whole number. After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 22,500 reported restricted stock units ("RSUs") which vest in 3 equal quarterly installments beginning on September 1, 2026; (2) 11,276 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2026; (3) 30,424 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2026; (4) 50,063 reported RSUs which vest in 9 equal quarterly installments beginning on October 1, 2026; (5) 200,730 reported RSUs which will vest in 11 equal quarterly installments beginning on September 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.