Sprout Social, Inc. filings document the operating and governance disclosures of a public software company built around subscription-based social media management and analytics products. Form 8-K reports record quarterly results, business outlook updates, Regulation FD investor presentations and other material events tied to the company's software platform and public-company reporting.
Proxy materials describe shareholder voting matters, board composition, director compensation, executive compensation and equity-award disclosures. Additional 8-K filings cover executive departures, director elections and compensatory arrangements, providing formal records of leadership and governance changes alongside results-of-operations disclosures.
Sprout Social, Inc. Executive Chair Howard Justyn Russell reported a pre-planned mix of conversions and sales of Class A and Class B shares. Trusts associated with Russell converted 40,000 shares of Class B Common Stock into Class A and then sold 40,000 Class A shares in open-market transactions under a Rule 10b5-1 trading plan adopted on September 12, 2025. The sales occurred at prices around $7.41 and $6.58 per share, with a weighted-average range from $6.365 to $7.340 per share. After these transactions, the trusts collectively hold 7,417 shares of Class A and 726,190, 170,000, 285,000 and 300,000 shares of Class B across several family trusts, while Russell also has a separate direct Class B position exchangeable one-for-one into Class A with no expiration.
SPT submitted a Rule 144 notice reporting multiple reported dispositions of Class A shares by affiliated holders. The excerpt lists individual sales including 40,000 shares reported on 02/11/2026 (proceeds $294,689.16) and other sales on 03/03/2026, 03/11/2026, and 04/10/2026 with stated share counts and proceeds. The filing names Jrh Revocable Trust and Justyn Howard as sellers and identifies Fidelity Brokerage Services LLC as a broker on 05/11/2026.
Sprout Social reported first quarter 2026 results showing solid growth and improving profitability alongside a new share repurchase plan. Revenue reached $121.5 million, up 11% from a year ago, with subscription revenue at $120.0 million. GAAP net loss narrowed to $6.3 million, while non-GAAP net income was $13.6 million, or $0.23 per share. Non-GAAP operating income rose to $14.1 million and non-GAAP free cash flow was $24.7 million. Cash and cash equivalents increased to $111.6 million. The company grew customers contributing $30,000 or more in ARR to 3,875 and those at $50,000 or more in ARR to 2,085. The board authorized a share repurchase program for up to $50 million of Class A common stock with no time limit, to be executed at management’s discretion. Sprout Social guided second quarter 2026 revenue to $121.7–$122.5 million and full-year 2026 revenue to $492.5–$495.5 million, with targeted non-GAAP profitability and a continued goal of reaching a 15% non-GAAP operating margin by the fourth quarter of 2026 and a 30% Rule of 40 target by the fourth quarter of 2027.
Vanguard Portfolio Management reports beneficial ownership of 4,187,166 shares (7.79%) of Sprout Social Inc common stock as of 03/31/2026. The filing states Vanguard has sole dispositive power over 4,187,166 shares and sole voting power over 256,579 shares. The ownership reflects shares held across Vanguard funds and managed accounts, and Vanguard Portfolio Management signed the statement on 04/29/2026.
BlackRock, Inc. Amends Schedule 13G/A to report beneficial ownership of 3,799,255 shares of Class A stock of Sprout Social Inc. This represents 7.1% of the class and shows sole voting power of 3,712,165 and sole dispositive power of 3,799,255.
Sprout Social, Inc. Executive Chair Howard Justyn Russell reported an exercise-and-sell transaction via trusts tied to his holdings in the company. On April 10, 2026, an entity associated with him converted 40,000 shares of Class B Common Stock into 40,000 shares of Class A Common Stock, then sold those 40,000 Class A shares in open-market transactions at a weighted average price of $5.033 per share, under a Rule 10b5-1 trading plan adopted on September 12, 2025. After these transactions, the JRH Revocable Trust holds 7,417 shares of Class A common stock and 766,190 shares of Class B common stock, and additional Class B shares are held by related revocable and gift trusts. Russell also directly holds Class B shares convertible on a one-for-one basis into 518,874 shares of Class A common stock, indicating a substantial remaining equity position.
SPT reported Form 144 notices of proposed sale of Class A shares by affiliated holders. The excerpt lists multiple sale entries, including 40,000 shares reported for 02/11/2026, 23,855 shares for 03/03/2026, and 40,000 shares for 03/11/2026.
Sprout Social, Inc. ownership amendment shows ArrowMark Colorado Holdings, LLC beneficially owns 611,787 shares of Class A Common Stock. The filing states this equals 1.14% of the class as reported with a 03/31/2026 anchor and was signed on 04/10/2026.