Sprout Social, Inc. Files Definitive Proxy Statement for 2024 Annual Meeting
Ticker: SPT · Form: DEF 14A · Filed: Apr 8, 2024 · CIK: 1517375
| Field | Detail |
|---|---|
| Company | Sprout Social, Inc. (SPT) |
| Form Type | DEF 14A |
| Filed Date | Apr 8, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Annual Meeting, Sprout Social, Corporate Governance
TL;DR
<b>Sprout Social, Inc. has filed its definitive proxy statement for the 2024 Annual Meeting of Stockholders.</b>
AI Summary
Sprout Social, Inc. (SPT) filed a Proxy Statement (DEF 14A) with the SEC on April 8, 2024. Sprout Social, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 8, 2024. The filing pertains to the company's 2024 Annual Meeting of Stockholders. The company's fiscal year end is December 31. Sprout Social, Inc. is incorporated in Delaware. The company's business address is 131 South Dearborn Street, Suite 700, Chicago, IL 60603.
Why It Matters
For investors and stakeholders tracking Sprout Social, Inc., this filing contains several important signals. This filing is a standard procedural document required for public companies to solicit votes from shareholders for their annual meetings. It provides essential information regarding the meeting agenda, director nominations, executive compensation, and other corporate governance matters.
Risk Assessment
Risk Level: low — Sprout Social, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, indicating no immediate material events or significant changes are being disclosed beyond standard annual meeting procedures.
Analyst Insight
Review the proxy statement for details on executive compensation, director nominees, and any shareholder proposals to understand Sprout Social's governance and strategic direction.
Key Numbers
- 2024 — Annual Meeting Year (Sprout Social, Inc. 2024 Annual Meeting of Stockholders)
- 2023-12-31 — Fiscal Year End (Sprout Social, Inc. fiscal year end)
- 0001517375-24-000055 — Accession Number (SEC filing accession number)
- 001-39156 — SEC File Number (Sprout Social, Inc. SEC file number)
Key Players & Entities
- Sprout Social, Inc. (company) — Registrant name
- 2024 (date) — Annual Meeting year
- April 8, 2024 (date) — Filing date
- 131 South Dearborn Street, Suite 700, Chicago, IL 60603 (address) — Company business address
- DE (state) — State of Incorporation
- 1934 Act (regulation) — SEC Act
FAQ
When did Sprout Social, Inc. file this DEF 14A?
Sprout Social, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 8, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Sprout Social, Inc. (SPT).
Where can I read the original DEF 14A filing from Sprout Social, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Sprout Social, Inc..
What are the key takeaways from Sprout Social, Inc.'s DEF 14A?
Sprout Social, Inc. filed this DEF 14A on April 8, 2024. Key takeaways: Sprout Social, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 8, 2024.. The filing pertains to the company's 2024 Annual Meeting of Stockholders.. The company's fiscal year end is December 31..
Is Sprout Social, Inc. a risky investment based on this filing?
Based on this DEF 14A, Sprout Social, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating no immediate material events or significant changes are being disclosed beyond standard annual meeting procedures.
What should investors do after reading Sprout Social, Inc.'s DEF 14A?
Review the proxy statement for details on executive compensation, director nominees, and any shareholder proposals to understand Sprout Social's governance and strategic direction. The overall sentiment from this filing is neutral.
How does Sprout Social, Inc. compare to its industry peers?
Sprout Social operates in the software industry, specifically providing social media management solutions.
Are there regulatory concerns for Sprout Social, Inc.?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
Industry Context
Sprout Social operates in the software industry, specifically providing social media management solutions.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
What Investors Should Do
- Examine the proposed director nominees and their qualifications.
- Analyze the executive compensation details, including base salary, bonuses, and equity awards.
- Review any shareholder proposals and the board's recommendations.
Key Dates
- 2024-04-08: Filing of Definitive Proxy Statement — Provides details for the 2024 Annual Meeting of Stockholders.
Year-Over-Year Comparison
This is the initial filing of the 2024 Definitive Proxy Statement, so no prior period comparison is available within this document.
Filing Stats: 4,807 words · 19 min read · ~16 pages · Grade level 12.9 · Accepted 2024-04-08 08:30:56
Filing Documents
- spt-20240408.htm (DEF 14A) — 894KB
- spt-20240408_g1.jpg (GRAPHIC) — 11KB
- spt-20240408_g10.jpg (GRAPHIC) — 2KB
- spt-20240408_g11.jpg (GRAPHIC) — 7KB
- spt-20240408_g12.jpg (GRAPHIC) — 7KB
- spt-20240408_g13.jpg (GRAPHIC) — 404KB
- spt-20240408_g14.jpg (GRAPHIC) — 104KB
- spt-20240408_g15.jpg (GRAPHIC) — 71KB
- spt-20240408_g16.jpg (GRAPHIC) — 103KB
- spt-20240408_g17.jpg (GRAPHIC) — 92KB
- spt-20240408_g18.jpg (GRAPHIC) — 448KB
- spt-20240408_g19.jpg (GRAPHIC) — 220KB
- spt-20240408_g2.jpg (GRAPHIC) — 12KB
- spt-20240408_g3.jpg (GRAPHIC) — 4KB
- spt-20240408_g4.jpg (GRAPHIC) — 12KB
- spt-20240408_g5.jpg (GRAPHIC) — 1KB
- spt-20240408_g6.jpg (GRAPHIC) — 1KB
- spt-20240408_g7.jpg (GRAPHIC) — 1KB
- spt-20240408_g8.jpg (GRAPHIC) — 97KB
- spt-20240408_g9.jpg (GRAPHIC) — 202KB
- 0001517375-24-000055.txt ( ) — 5799KB
- spt-20240408.xsd (EX-101.SCH) — 4KB
- spt-20240408_def.xml (EX-101.DEF) — 5KB
- spt-20240408_lab.xml (EX-101.LAB) — 8KB
- spt-20240408_pre.xml (EX-101.PRE) — 5KB
- spt-20240408_htm.xml (XML) — 85KB
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 46 Equity Compensation Plan Information 47 Other Matters Related Person Transactions 48 Policies and Procedures for Related Person Transactions 48 Other Matters 49 Fiscal Year 202 3 Annual Report and SEC Filings 49 Special Note Regarding Forward-Looking Statements 49 ii Table of Contents SPROUT SOCIAL, INC. PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS To Be Held at 10:00 a.m. Central Time on Wednesday, May 22, 2024 This proxy statement and the enclosed form of proxy are furnished in connection with the solicitation of proxies by our board of directors for use at the 2024 annual meeting of stockholders of Sprout Social, Inc., a Delaware corporation, and any postponements, adjournments or continuations thereof (the "Annual Meeting"). The Annual Meeting will be held on Wednesday, May 22, 2024 at 10:00 a.m. Central Time. The Annual Meeting will be a virtual meeting of stockholders, which will be conducted via live audio webcast. You will be able to virtually attend and listen to the Annual Meeting live, submit questions and vote your shares electronically at the Annual Meeting. In order to virtually attend and vote at the Annual Meeting, please follow the instructions in the section titled "Questions and Answers About the Proxy Materials and Our Annual Meeting—What do I need to do to attend the Annual Meeting virtually?" The Notice containing instructions on how to access this proxy statement and our annual report is first being mailed on or about April 8, 2024 to all stockholders entitled to vote at the Annual Meeting. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND OUR ANNUAL MEETING The information provided in the "question and answer" format below is for your convenience only and is merely a summary of the information contained in this proxy statement. You are encouraged to read this entire proxy statement carefully. Information contained on, or that ca