By Kelly Cloonan
Sprout Social's co-founders and chief executive officer are in the process of adopting a new trading plan that provides for future purchases of the company's shares.
Sprout's co-founder and former Chief Technology Officer Aaron Rankin said in a Tuesday letter to shareholders that both he and CEO Ryan Barretto have terminated their prior trading plans which provided for programmatic sales.
Rankin has established the new trading plan in its place and Barretto is in the process of doing the same. Co-Founder and Executive Chairman Justyn Howard intends to explore similar options, Rankin said.
Rankin said he believes the market doesn't fully appreciate Sprout's position, including its long-term opportunity and competitive moat amid artificial intelligence-related shifts.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
August 26, 2025 10:14 ET (14:14 GMT)
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