leadership
confidence high
sentiment neutral
materiality 0.50
Sprout Social details CEO Barretto's $2.5M RSU grant and Howard's severance terms
Sprout Social, Inc.
- CEO Barretto: $480k salary, target bonus 100% of salary, initial RSU grant $2.5M vesting 25% year 1 then quarterly.
- Executive Chair Howard: $350k salary, target bonus 50% of salary, severance 12 months base (18 months on CIC) plus health benefits.
- Barretto named Tier 1 covered executive under Severance Plan; Howard gets accelerated equity vesting on change-in-control termination.
- Amendment filed to disclose compensation terms for leadership transition originally reported April 2024.