Sprout Social Files 8-K on Shareholder Votes
Ticker: SPT · Form: 8-K · Filed: May 22, 2024 · CIK: 1517375
| Field | Detail |
|---|---|
| Company | Sprout Social, Inc. (SPT) |
| Form Type | 8-K |
| Filed Date | May 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: SPT
TL;DR
Sprout Social is holding a shareholder vote on May 22, 2024.
AI Summary
Sprout Social, Inc. filed an 8-K on May 22, 2024, to report on matters submitted to a vote of its security holders. The filing details the submission of proposals for shareholder approval, though specific details of these proposals are not elaborated upon in the provided text.
Why It Matters
This filing indicates that Sprout Social is engaging its shareholders on important corporate matters requiring their approval, which could impact the company's governance and future direction.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote, not indicating any immediate financial distress or significant operational change.
Key Players & Entities
- Sprout Social, Inc. (company) — Registrant
- 0001517375-24-000077 (filing_id) — Accession Number
- May 22, 2024 (date) — Date of Report
FAQ
What specific matters were submitted for a vote of Sprout Social's security holders?
The provided text of the 8-K filing states that it is a 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals presented to the shareholders for approval.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 22, 2024, which is also the date of the report.
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.
What is Sprout Social, Inc.'s telephone number?
Sprout Social, Inc.'s telephone number is (866) 878-3231.
Under which section of the Securities Exchange Act of 1934 is this 8-K filed?
This 8-K filing is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 622 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-05-22 16:55:59
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value per share SPT The Nasdaq Stoc
Filing Documents
- spt-20240522.htm (8-K) — 34KB
- 0001517375-24-000077.txt ( ) — 155KB
- spt-20240522.xsd (EX-101.SCH) — 2KB
- spt-20240522_lab.xml (EX-101.LAB) — 21KB
- spt-20240522_pre.xml (EX-101.PRE) — 12KB
- spt-20240522_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 22, 2024, Sprout Social, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, stockholders voted on the following three proposals, each of which is described in detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 8, 2024. The final voting results for each proposal, as certified by the judge of election for the Annual Meeting, are described below. Fractional shares have been rounded up to the nearest whole number. Proposal 1. The election of two Class II directors listed below to serve until the Company's 2027 annual meeting of stockholders and until their successor is duly elected and qualified. Votes For Withheld Broker Non-Votes Justyn Howard 108,754,330 2,613,722 3,290,648 Thomas Stanley 94,444,652 16,923,400 3,290,648 Based on the votes set forth above, the director nominees were duly elected. Proposal 2. The ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Votes For Votes Against Abstain 112,851,184 1,749,446 58,070 Based on the votes set forth above, the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 was duly ratified. Proposal 3. Advisory vote to approve the compensation of the Company's named executive officers. Votes For Votes Against Abstain Broker Non-Votes 108,900,245 2,411,312 56,495 3,290,648 Based on the votes set forth above, the compensation of the Company's named executive officers was approved by an advisory vote. 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 SOCIA