Hilgendorf Stacy W. 4

4 · Sprouts Farmers Market, Inc. · Filed Mar 16, 2026

AI-generated summary of this filing

Updated Mar 16, 2026

Sprouts (SFM) VP Stacy Hilgendorf Receives RSUs, Sells 119 Shares

What Happened

Stacy W. Hilgendorf, Vice President & Controller of Sprouts Farmers Market (SFM), received a grant of 2,220 restricted stock units (RSUs) on 2026-03-12 (transaction code A; grant priced at $0.00) and a day later sold 119 shares in an open-market, broker-assisted transaction on 2026-03-13 at $79.38 per share, yielding $9,446 (transaction code S).
The RSU grant does not require cash payment; the sale was used to satisfy tax withholding obligations tied to the equity vesting.

Key Details

Transaction dates & prices:
- 2026-03-12: Award of 2,220 RSUs (price $0.00).
- 2026-03-13: Sale of 119 shares at $79.38/share; proceeds $9,446.
Shares/units reported after the transactions: 5,440 shares of common stock and 4,640 RSUs (this total includes the newly granted 2,220 RSUs).
Notable footnotes:
- F1: The 2,220 RSUs vest over three years — one-third on 3/12/2027, one-third on 3/12/2028, and one-third on 3/12/2029 (subject to continued employment).
- F2: The 119-share sale was a broker-assisted sale to satisfy withholding tax from the RSU vesting and was not a discretionary trade by the reporting person.
- F3: In addition to the 2,220 RSUs just granted, Hilgendorf holds 5,440 common shares and 2,420 other RSUs. Of those 2,420 RSUs, 1,682 vest evenly on 3/19/2026 and 3/19/2027, and 738 vest evenly on 3/12/2027 and 3/12/2028 (all vesting assumes continued employment).
Filing timeliness: Report filed 2026-03-16 for transactions on 3/12 and 3/13 — within the Form 4 reporting window (timely).

Context

RSUs are deferred stock awards that convert to shares upon vesting; tax withholding sales (like this one) are common and typically routine, not an indicator of trading bias.
The larger action here is an award (a non-cash grant) while the small sale (~$9.4k) was to cover taxes, not a market-timed disposition by the insider.

Form 4

Period: 2026-03-12

VP, Controller

Transactions

Award
Common Stock, par value $0.001 per share
[F1]
2026-03-12+2,220→ 10,199 total
Sale
Common Stock, par value $0.001 per share
[F2][F3]
2026-03-13$79.38/sh−119$9,446→ 10,080 total

Footnotes (3)

[F1]Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 12, 2027; one-third vesting on March 12, 2028; and one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date.
[F2]This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of restricted stock units, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
[F3]Includes, in addition to the 2,220 shares described in Note (1), 5,440 shares of common stock and 2,420 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,682 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, and 738 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028. All such vests assume continued employment through the applicable vest date.

Signature

/s/ Brandon F. Lombardi, Attorney-in-Fact for Stacy W. Hilgendorf|2026-03-16

1 file