McGlinchey David 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) CDO David McGlinchey Receives Award, Sells Shares
What Happened
- David McGlinchey, Chief Development Officer of Sprouts Farmers Market (SFM), received a grant of 4,421 restricted stock units (RSUs) on 2026-03-12 (valued at $0 at grant). On 2026-03-13 he sold 240 shares in an open market/broker-assisted transaction at $79.38 per share for proceeds of about $19,051.
- The sale was executed to satisfy withholding tax obligations related to RSU vesting and, per the filing, was not a discretionary trade by the reporting person.
Key Details
- Transactions and prices:
- 2026-03-12: Award (A) — 4,421 RSUs granted (no cash paid).
- 2026-03-13: Sale (S) — 240 shares sold @ $79.38 = $19,051 (broker-assisted to cover tax withholding).
- Shares/units reported after the transactions: 30,730 shares of common stock plus 7,327 RSUs in total (4,421 newly granted RSUs + 2,906 previously reported RSUs).
- Vesting notes:
- The 4,421 RSUs vest over three years: 1/3 on 3/12/2027, 1/3 on 3/12/2028, and 1/3 on 3/12/2029 (subject to continued employment).
- Of the 2,906 prior RSUs: 1,406 vest evenly on 3/19/2026 and 3/19/2027; 1,500 vest evenly on 3/12/2027 and 3/12/2028.
- Filing: Form 4 filed with accession 0001747971-26-000002 on 2026-03-16 reporting the 3/12 and 3/13 transactions.
Context
- The grant is an award of RSUs (not an out-of-pocket purchase). The small sale (~$19k) was a routine, broker-assisted transaction for tax withholding upon RSU vesting and is not presented as a discretionary sell signal.
- For retail investors, the key takeaway is that McGlinchey received multi-year, time-based RSUs while a small number of shares were sold solely to meet tax-withholding obligations.
Insider Transaction Report
Form 4
McGlinchey David
Chief Development Officer
Transactions
- Award
Common Stock, par value $0.001 per share
[F1]2026-03-12+4,421→ 38,297 total - Sale
Common Stock, par value $0.001 per share
[F2][F3]2026-03-13$79.38/sh−240$19,051→ 38,057 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 4,421 shares described in Note (1), 30,730 shares of common stock and 2,906 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,406 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, and 1,500 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 David McGlinchey|2026-03-16