Sprout Social (SPT) CEO awarded 546,448 RSUs and settles tax with shares
Rhea-AI Filing Summary
Sprout Social, Inc. director and CEO Ryan Paul Barretto reported equity compensation and related tax withholding transactions in Class A Common Stock. On March 2, 2026, he had 36,342 shares withheld at $6.51 per share in a tax-withholding disposition, meaning shares were surrendered to cover taxes rather than sold in the market.
On the same date, he received a large equity award of 546,448 restricted stock units (RSUs) at a stated price of $0.00 per share as a grant or award. Each RSU represents the right to receive one share of Class A Common Stock and does not expire. After these transactions, his directly held and RSU-related position increased to 1,385,362 shares reported, with vesting schedules extending from April 1, 2026 through June 1, 2027 for various RSU tranches.
The filing also notes 119,775 shares held indirectly: 60,000 shares in the Ryan Paul Barretto 2020 Gift Trust, where his spouse is sole trustee, and 59,775 shares in the Ryan Paul Barretto Revocable Trust, where he is sole trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 36,342 | $6.51 | $237K |
| Grant/Award | Class A Common Stock | 546,448 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- After giving effect to the transactions reported herein, the total reported in column 5 includes: (1)30,000 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2026; (2) 15,034 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2026; (3) 34,770 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2026; (4) 61,188 reported RSUs which will vest in 11 equal quarterly installments beginning on April 1, 2026; (5) 218,978 reported RSUs which will vest in 12 equal quarterly installments beginning on June 1, 2026; (6) 546,448 newly granted RSUs of which 1/3 will vest on March 1, 2027 with the remaining RSUs vesting in 8 equal quarterly installments beginning on June 1, 2027. 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.