[SCHEDULE 13G] Sprout Social, Inc SEC Filing

Rhea-AI Filing Summary

Morgan Stanley has filed a Schedule 13G disclosing a passive stake in Sprout Social, Inc. (SPT). As of 30 June 2025, the firm beneficially owns 3,026,568 Class A shares, equal to 5.8 % of the outstanding class. All voting (3,011,822 shares) and dispositive (3,026,568 shares) powers are reported as shared; Morgan Stanley claims no sole voting or dispositive authority, consistent with a non-activist, portfolio-investment posture. The filing is signed by Authorized Signatory Chris O’Hara on 6 Aug 2025.

The 5 % threshold makes Morgan Stanley a reportable “beneficial owner,” signalling notable institutional interest. However, the use of Schedule 13G—rather than 13D—confirms the position is passive, with no stated intent to influence control or strategy. No purchase dates, cost basis, or incremental changes versus prior holdings are provided, so the filing offers limited insight into timing or valuation.

Positive

• Morgan Stanley’s 5.8 % passive stake signals increased institutional confidence and may enhance liquidity for SPT shares.

Negative

• None.

Insights

Equity Portfolio Manager

TL;DR – Morgan Stanley now holds 5.8 % of SPT, a passive but material stake.

Morgan Stanley’s 13G elevates SPT’s institutional ownership profile and could improve trading liquidity. Because control intentions are disclaimed, governance impact is minimal; yet a top-tier bank committing >5 % may bolster market confidence and ease future capital raises. The absence of sole power suggests the shares sit across client accounts or affiliated funds, reducing the likelihood of coordinated activism. From a valuation perspective, no inference can be drawn about purchase price or investment horizon, so the development is mildly positive but not transformational.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Sprout Social, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

85209W109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 85209W109

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,011,822.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,026,568.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,026,568.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.8 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Sprout Social, Inc.
(b)	Address of issuer's principal executive offices: 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO, IL, 60603
Item 2.
(a)	Name of person filing: Morgan Stanley
(b)	Address or principal business office or, if none, residence: 1585 Broadway, New York, NY 10036
(c)	Citizenship: Delaware
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: 85209W109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 5.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Chris O'Hara
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	08/06/2025

FAQ

How many Sprout Social (SPT) shares does Morgan Stanley own?

Morgan Stanley reports 3,026,568 Class A shares beneficially owned.

What percentage of Sprout Social’s Class A stock is held by Morgan Stanley?

The filing states a stake of 5.8 % of the outstanding Class A shares.

Is Morgan Stanley’s position in SPT active or passive?

The Schedule 13G indicates a passive investment with no intent to influence control.

Does Morgan Stanley have sole voting power over its SPT shares?

No. It reports 0 shares with sole voting power and 3,011,822 shares with shared voting power.

When was the ownership threshold crossed requiring this filing?

The reportable event date is 30 June 2025.

Who signed the Schedule 13G on behalf of Morgan Stanley?

The form is signed by Chris O’Hara, Authorized Signatory, on 6 Aug 2025.