Sprout Social (SPT) director and 10% owner reports share purchase
Rhea-AI Filing Summary
Sprout Social, Inc. director and 10% owner Aaron E.F. Rankin reported buying Class A common stock in an open-market transaction. On December 17, 2025, he acquired 90,661 shares of Class A common stock at a weighted average price of $11.14 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. After this purchase, he beneficially owned 114,969 shares, including multiple restricted stock unit (RSU) awards that vest in scheduled quarterly installments through 2026, each RSU representing the right to receive one share of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 90,661 | $11.14 | $1.01M |
Footnotes (1)
- The transactions reported in this Form 4 occurred under a 10b5-1 plan adopted by the Reporting Person on August 21, 2025. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.99 to $11.47 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. After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 1,026 reported restricted stock units ("RSUs") which vest in 1 quarterly installments on March 1, 2026; (2) 5,080 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2026; (3) 3,816 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2025; and (4) 8,298 reported RSUs, which were granted on May 22, 2025, and will vest on the earlier of (i) the day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date or (ii) May 22, 2026, the first anniversary of the grant date. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
FAQ
What insider transaction did Sprout Social (SPT) report in this Form 4?
The filing shows that director and 10% owner Aaron E.F. Rankin purchased 90,661 shares of Sprout Social Class A common stock in an open-market transaction on December 17, 2025.
Was the Sprout Social (SPT) insider trade made under a Rule 10b5-1 plan?
Yes. The transactions occurred under a Rule 10b5-1 trading plan adopted by Aaron E.F. Rankin on August 21, 2025, as stated in the footnotes.
What restricted stock units (RSUs) are included in the reported Sprout Social (SPT) holdings?
The total includes RSUs covering 1,026 shares vesting on March 1, 2026, 5,080 shares vesting in five equal quarterly installments beginning March 1, 2026, 3,816 shares vesting in nine equal quarterly installments beginning March 1, 2025, and 8,298 shares vesting on the earlier of the day before the first annual stockholders' meeting after the May 22, 2025 grant date or on May 22, 2026.
What is the relationship of the reporting person to Sprout Social (SPT)?
The reporting person, Aaron E.F. Rankin, is identified as both a Director and a 10% Owner of Sprout Social, Inc.