Sprouts Farmers Market, Inc.·4

Mar 19, 7:30 PM ET

Sinclair Jack 4

4 · Sprouts Farmers Market, Inc. · Filed Mar 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Sprouts (SFM) CEO Jack Sinclair Sells 4,754 Shares

What Happened

  • Jack Sinclair, Chief Executive Officer of Sprouts Farmers Market (SFM), sold 4,754 shares of common stock on March 18, 2026 at $83.50 per share, generating roughly $396,936. This was a sale (not a purchase) and was executed as a broker-assisted transaction to satisfy tax withholding obligations tied to vested restricted stock units (RSUs), not a discretionary trade.

Key Details

  • Transaction date and price: 2026-03-18, sale of 4,754 shares at $83.50 each.
  • Reported position after transaction: 226,888 shares of common stock and 46,293 restricted stock units (RSUs) (see vesting schedule below).
  • Footnote: The sale was broker-assisted to satisfy withholding tax on RSU vesting (i.e., a tax-withholding sale), not a voluntary market-timing decision.
  • Filing timeliness: Reported on 2026-03-19 for a 2026-03-18 transaction (appears timely).

Context

  • RSU details: Each RSU converts to one share upon vesting. Per the filing, 15,194 RSUs vest evenly over two years (Mar 19, 2026 & Mar 19, 2027), 7,882 RSUs vest evenly over two years (Mar 12, 2027 & Mar 12, 2028), and 23,217 RSUs vest evenly over three years (Mar 12, 2027, Mar 12, 2028, Mar 12, 2029), assuming continued employment.
  • Investor takeaway: This was a routine tax-withholding sale tied to RSU vesting rather than an independent sell decision by the CEO; such transactions are common when equity awards vest.

Insider Transaction Report

Form 4
Period: 2026-03-18
Sinclair Jack
DirectorChief Executive Officer
Transactions
  • Sale

    Common Stock, par value $0.001 per share

    [F1][F2]
    2026-03-18$83.50/sh4,754$396,936273,181 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 226,888 shares of common stock and 46,293 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 15,194 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 7,882 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 23,217 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.
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair|2026-03-19

Documents

1 file
  • 4
    wk-form4_1773963017.xmlPrimary

    FORM 4