ArrowMark discloses 6.98% Sprout Social (SPT) stake in Schedule 13G/A
Rhea-AI Filing Summary
Sprout Social, Inc. received an updated ownership report on its Class A common stock from ArrowMark Colorado Holdings, LLC. ArrowMark reports beneficial ownership of 3,714,270 shares, representing 6.98% of the class as of 12/31/2025.
ArrowMark states it has sole power to vote and dispose of these shares and no shared voting or dispositive power. The firm certifies the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Sprout Social.
Positive
- None.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Sprout Social (SPT) Schedule 13G/A filed by ArrowMark report?
The Schedule 13G/A shows ArrowMark Colorado Holdings, LLC beneficially owns 3,714,270 Sprout Social Class A shares, or 6.98% of the class, as of December 31, 2025. ArrowMark reports sole voting and dispositive power over all these shares.
How large is ArrowMark’s ownership stake in Sprout Social (SPT)?
ArrowMark Colorado Holdings, LLC reports beneficial ownership of 3,714,270 Sprout Social Class A common shares, representing 6.98% of that class. This level of ownership triggers a Schedule 13G/A filing because it exceeds the 5% beneficial ownership reporting threshold.
Why did ArrowMark file an amended Schedule 13G/A for Sprout Social (SPT)?
The amendment updates ArrowMark’s beneficial ownership information in Sprout Social as of December 31, 2025. It reflects that ArrowMark holds 3,714,270 Class A shares, or 6.98% of the class, and confirms the holdings are in the ordinary course of business, not to influence control.
Is ArrowMark seeking to influence control of Sprout Social (SPT)?
ArrowMark certifies the Sprout Social shares were acquired and are held in the ordinary course of business. The filing states they were not acquired and are not held for changing or influencing control of Sprout Social, nor as part of any control-related transaction.
What type of security does ArrowMark hold in Sprout Social (SPT)?
ArrowMark holds Sprout Social’s Class A common stock with a par value of $0.0001 per share. The Schedule 13G/A specifically covers this class of securities and reports ArrowMark’s 3,714,270-share position, equal to 6.98% of the outstanding Class A shares.