ArrowMark reports 611,787 SPT shares (NASDAQ: SPT) in Schedule 13G/A
Rhea-AI Filing Summary
Sprout Social, Inc. ownership amendment shows ArrowMark Colorado Holdings, LLC beneficially owns 611,787 shares of Class A Common Stock. The filing states this equals 1.14% of the class as reported with a 03/31/2026 anchor and was signed on 04/10/2026.
Positive
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Negative
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Key Figures
Shares beneficially owned: 611,787 shares
Percent of class: 1.14%
Report anchor date: 03/31/2026
3 metrics
Shares beneficially owned
611,787 shares
Amount reported by ArrowMark Colorado Holdings as beneficial ownership
Percent of class
1.14%
Percent of Class A common stock represented by the 611,787 shares
Report anchor date
03/31/2026
Date used as the time anchor in the filing
Key Terms
beneficially owned, sole dispositive power, Schedule 13G/A
3 terms
beneficially owned regulatory
"Amount beneficially owned: 611,787"
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.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 611,787"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/A regulatory
"Form type: SCHEDULE 13G/A (Amendment No. 3)"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake does ArrowMark Colorado Holdings report in Sprout Social (SPT)?
ArrowMark reports beneficial ownership of 611,787 shares, representing 1.14% of Class A common stock as of 03/31/2026. The filing is an amended Schedule 13G/A signed on 04/10/2026.
Is the reported ownership above 5% of Sprout Social's class?
No. The filing explicitly classifies this as ownership of 5 percent or less of a class. The reported stake is 1.14% of Class A common stock as of the stated date.
What document was filed to report this ownership change for Sprout Social?
An amended Schedule 13G/A was filed by ArrowMark Colorado Holdings, LLC to report the beneficial ownership of 611,787 Class A shares, with the filing signed on 04/10/2026.
Who signed the Schedule 13G/A for ArrowMark Colorado Holdings?
The amendment is signed by Richard Grove, identified as Chief Compliance Officer, on 04/10/2026, certifying the reported ownership and powers over the shares.