Sprout Social Files 8-K/A Amendment on Officer/Director Changes
Ticker: SPT · Form: 8-K/A · Filed: Oct 1, 2024 · CIK: 1517375
| Field | Detail |
|---|---|
| Company | Sprout Social, Inc. (SPT) |
| Form Type | 8-K/A |
| Filed Date | Oct 1, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $480,000, $2,500,000, $350,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-departure
Related Tickers: SPT
TL;DR
Sprout Social amended its 8-K regarding exec and board changes. No new financials.
AI Summary
Sprout Social, Inc. filed an amendment (8-K/A) on October 1, 2024, to its report originally dated April 9, 2024. This amendment pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. The filing does not appear to involve new financial statements or exhibits.
Why It Matters
This filing indicates potential changes in Sprout Social's leadership or compensation structures, which could impact the company's strategic direction and governance.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous report concerning corporate governance and officer appointments, not a material financial event.
Key Players & Entities
- Sprout Social, Inc. (company) — Registrant
- April 9, 2024 (date) — Original report date
- October 1, 2024 (date) — Amendment filing date
- Delaware (location) — State of Incorporation
- Chicago, Illinois (location) — Principal Executive Offices
FAQ
What specific event prompted the original 8-K filing on April 9, 2024?
The filing indicates the original report was related to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the purpose of this 8-K/A filing?
This 8-K/A filing serves as an amendment to the previous 8-K report, providing updated or corrected information regarding the aforementioned corporate governance and officer-related matters.
Does this amendment include new financial statements?
The filing explicitly states 'Financial Statements and Exhibits' as an item information, but the context suggests this is a continuation of the original report's items rather than new financial disclosures being added in the amendment.
What is Sprout Social, Inc.'s principal executive office address?
Sprout Social, Inc.'s principal executive offices are located at 131 South Dearborn St., Suite 700, Chicago, Illinois 60603.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,286 words · 5 min read · ~4 pages · Grade level 13.4 · Accepted 2024-10-01 16:01:54
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value per share SPT The Nasdaq Stoc
- $480,000 — er things: (i) an annual base salary of $480,000; (ii) an annual cash incentive bonus wi
- $2,500,000 — h an aggregate grant date fair value of $2,500,000, which will vest 25% on the first anniv
- $350,000 — er things: (i) an annual base salary of $350,000; (ii) an annual cash incentive bonus wi
Filing Documents
- spt-20240409.htm (8-K/A) — 36KB
- sproutsocial-ryanbarrett.htm (EX-10.1) — 27KB
- justynhowardaremployment.htm (EX-10.2) — 43KB
- justynhowardaremployment001.jpg (GRAPHIC) — 277KB
- justynhowardaremployment002.jpg (GRAPHIC) — 306KB
- justynhowardaremployment003.jpg (GRAPHIC) — 336KB
- justynhowardaremployment004.jpg (GRAPHIC) — 324KB
- justynhowardaremployment005.jpg (GRAPHIC) — 321KB
- justynhowardaremployment006.jpg (GRAPHIC) — 282KB
- justynhowardaremployment007.jpg (GRAPHIC) — 345KB
- justynhowardaremployment008.jpg (GRAPHIC) — 377KB
- justynhowardaremployment009.jpg (GRAPHIC) — 58KB
- justynhowardaremployment010.jpg (GRAPHIC) — 42KB
- justynhowardaremployment011.jpg (GRAPHIC) — 30KB
- sproutsocial-ryanbarrett001.jpg (GRAPHIC) — 152KB
- sproutsocial-ryanbarrett002.jpg (GRAPHIC) — 252KB
- sproutsocial-ryanbarrett003.jpg (GRAPHIC) — 251KB
- sproutsocial-ryanbarrett004.jpg (GRAPHIC) — 301KB
- sproutsocial-ryanbarrett005.jpg (GRAPHIC) — 311KB
- sproutsocial-ryanbarrett006.jpg (GRAPHIC) — 73KB
- sproutsocial-ryanbarrett007.jpg (GRAPHIC) — 30KB
- 0001517375-24-000119.txt ( ) — 5856KB
- spt-20240409.xsd (EX-101.SCH) — 2KB
- spt-20240409_lab.xml (EX-101.LAB) — 21KB
- spt-20240409_pre.xml (EX-101.PRE) — 12KB
- spt-20240409_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 10.1 Offer Letter, dated September 30, 2024, between the Company and Ryan Barretto. 10.2 Amended and Restated Executive Employment Agreement, dated September 30 , 2024, between the Company and Justyn Howard. 104 Cover page interactive data file (embedded within the inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SPROUT SOCIAL, INC. By: /s/ Heidi Jonas Name: Heidi Jonas Title: General Counsel and Secretary Date: October 1, 2024