Filing Details

Accession Number:
0001517375-25-000028
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-05 16:03:50
Reporting Period:
2025-03-04
Filing Date:
2025-03-05
Accepted Time:
2025-03-05 16:03:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1517375 Sprout Social Inc. SPT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1372274 Joseph Preto Del 131 South Dearborn St.
Suite 700
Chicago IL 60603
Cfo And Treasurer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2025-03-04 9,025 $26.32 141,048 No 4 S Direct
Class A Common Stock Disposition 2025-03-04 1,400 $26.26 139,648 No 4 S Direct
Class A Common Stock Disposition 2025-03-04 100 $26.89 139,548 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Shares sold pursuant to an irrevocable election made on November 21, 2024, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs").
  2. After giving effect to the transactions reported herein, this represents: (1) 8,765 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2025; (2) 20,317 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2025; and (3) 41,342 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2025. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
  3. This transaction occurred under a 10b5-1 plan adopted by the Reporting Person on August 20, 2024.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.89 to $26.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.