Form 4: Sprout Social Executive Sells Shares
Insider Transaction (Form 4)
Justyn Russell Howard, Executive Chair, a Director and 10% owner of Sprout Social, Inc., sold 40,000 shares of common stock on July 10, 2026 for $8.28 per share.
Summary
- Conversion of derivative: acquired 40,000 Class A Common Stock on July 10, 2026; holds 47,417 after (Indirect).
- Open-market sale: disposed of 40,000 Class A Common Stock at $8.28 ($331,360) on July 10, 2026; holds 7,417 after (Indirect).
- Conversion of derivative: disposed of 40,000 Class B Common Stock on July 10, 2026; holds 1,401,190 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $331,360 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Justyn Russell Howard — Director, Officer (Executive Chair), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-10 | Conversion of derivative | Class A Common Stock | 40,000 | — | — | 47,417 |
| 2026-07-10 | Open-market sale | Class A Common Stock | 40,000 | $8 | $331.4K | 7,417 |
| 2026-07-10 | Conversion of derivative | Class B Common Stock | 40,000 | — | — | 1,401,190 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-10 | Conversion of derivative (40,000 shares) |
| 2026-07-10 | Open-market sale (40,000 shares) |
| 2026-07-10 | Conversion of derivative (40,000 shares) |
Keywords
insider transaction, Form 4, SPT, Sprout Social, Inc., bearish, Justyn Russell Howard
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