Sprout Social (SPT) CEO adds 93,984 shares in 10b5-1 purchase
Rhea-AI Filing Summary
Sprout Social, Inc. CEO Ryan Paul Barretto reported a planned open‑market share purchase. On January 9, 2026, he acquired 93,984 shares of Class A common stock under a Rule 10b5-1 trading plan adopted on September 5, 2025, at a weighted average price of $10.668 per share from multiple trades priced between $10.505 and $10.90.
After this transaction, he beneficially owned 875,256 shares of Class A common stock, including several restricted stock unit (RSU) awards scheduled to vest in quarterly installments beginning March 1, 2026, April 1, 2026 and June 1, 2026. In addition, 119,775 shares are held indirectly through the Ryan Paul Barretto 2020 Gift Trust and the Ryan Paul Barretto Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 93,984 | $10.668 | $1.00M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions reported in this Form 4 occurred under a 10b5-1 plan adopted by the Reporting Person on September 5, 2025. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.505 to $10.90 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) 3,750 reported RSUs which vest in 1 quarterly installment on March 1, 2026; (2) 37,500 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2026; (3) 18,793 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2026; (4) 39,116 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2026; (5) 61,188 reported RSUs which will vest in 11 equal quarterly installments beginning on April 1, 2026; and (6) 291,970 reported RSUs of which 25% will vest on March 1, 2026 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2026. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire. This amount represents: (i) 60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust, of which Mr. Barretto's spouse is the sole trustee; and (ii) 59,775 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.
FAQ
What insider transaction did Sprout Social (SPT) report for its CEO?
Sprout Social reported that CEO and director Ryan Paul Barretto acquired 93,984 shares of Class A common stock on January 9, 2026, in an open‑market purchase.
Was the Sprout Social CEO’s trade made under a Rule 10b5-1 plan?
Yes. The transactions occurred under a Rule 10b5-1 trading plan adopted by Ryan Paul Barretto on September 5, 2025, as disclosed in the footnotes.
What RSU grants are included in the Sprout Social CEO’s reported holdings?
The total includes several RSU awards: 3,750 RSUs vesting in one quarterly installment on March 1, 2026, plus additional RSUs (37,500; 18,793; 39,116; 61,188; and 291,970) vesting in quarterly installments beginning on March 1, 2026, April 1, 2026, and June 1, 2026.