Sprout Social, Inc. Executive Chair Justyn R. Howard's Stock Transactions
Justyn R. Howard, the Executive Chair and a 10% owner of Sprout Social, Inc., reported several transactions involving the company's Class A and Class B common stock on August 5, 2025. These transactions were executed under a 10b5-1 plan adopted on September 10, 2024. Howard acquired 20,000 shares of Class A Common Stock and disposed of 20,000 shares at a weighted average price of $16.378 per share. The shares were sold in multiple transactions ranging from $16.19 to $16.64 per share. Following these transactions, Howard owns 7,417 shares of Class A Common Stock and 1,781,190 shares of Class B Common Stock. The Class B Common Stock, which has no economic rights but entitles the holder to 10 votes per share, can be exchanged for Class A Common Stock on a one-for-one basis. Additionally, Howard holds various restricted stock units (RSUs) that vest in quarterly installments starting from September 1, 2025, and March 1, 2026.