Hilgendorf Stacy W. 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) VP Stacy Hilgendorf Sells 228 Shares
What Happened
Stacy W. Hilgendorf, Vice President and Controller of Sprouts Farmers Market (SFM), reported a sale of 228 shares of common stock on March 20, 2026. The shares were sold at $83.97 each for a total of $19,146. According to the filing, this sale was a broker-assisted transaction to satisfy tax withholding obligations triggered by the vesting of restricted stock units (RSUs), and not a discretionary trade by the reporting person (see footnote F1).
Key Details
- Transaction date and price: March 20, 2026 — 228 shares sold @ $83.97, total proceeds $19,146.
- Shares owned after transaction: Filing notes beneficial ownership including 5,590 shares of common stock and 3,799 restricted stock units (see F2).
- Notable footnotes: F1 — broker-assisted sale to satisfy RSU tax withholding (not a discretionary sale). F2 — breakdown of current holdings and RSU vesting schedule.
- Filing date: March 23, 2026 (filed within the issuer's reported window).
Context
The sale was executed to cover withholding taxes on RSUs that vested, a common administrative step that does not necessarily indicate the insider’s view on the stock. The filing lists 3,799 RSUs that convert into one share each upon vesting; vesting occurs in tranches (e.g., 841 RSUs vesting 3/19/2027 and other tranches vesting across 2027–2029), assuming continued employment.
Insider Transaction Report
- Sale
Common Stock, par value $0.001 per share
[F1][F2]2026-03-20$83.97/sh−228$19,146→ 9,389 total
Footnotes (2)
- [F1]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.
- [F2]Includes 5,590 shares of common stock and 3,799 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 841 restricted stock units will vest on March 19, 2027, 738 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 2,220 restricted stock units will vest evenly over three years on March 12, 2027, March 12, 2028 and March 12, 2029. All such vests assume continued employment through the applicable vest date.