McGlinchey David 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) CDO David McGlinchey Sells 297 Shares
What Happened
David McGlinchey, Chief Development Officer of Sprouts Farmers Market (SFM), disposed of 297 shares of SFM common stock in an open-market/broker-assisted sale on 2026-03-20 at $83.97 per share, generating proceeds of approximately $24,940. This was a sale (not a purchase) executed to satisfy tax withholding obligations related to the vesting of restricted stock units, and the filing indicates it was not a discretionary trade by the reporting person.
Key Details
- Transaction date and price: 2026-03-20 — 297 shares sold at $83.97 each (total ≈ $24,940).
- Filing date: Form 4 filed 2026-03-23 (within the SEC’s typical two-business-day filing window).
- Shares owned after transaction: reporting shows ownership of 41,273 shares of common stock plus 6,624 restricted stock units (RSUs).
- Footnotes: Broker-assisted sale to satisfy withholding tax on RSU vesting (not a discretionary sale). RSUs convert 1-for-1 to shares on vesting.
- Transaction codes: S = Sale; footnote indicates withholding/tax-related disposition.
Context
The sale was a tax-withholding transaction tied to RSU vesting rather than an independent decision to sell shares; such transactions are common when equity awards vest and typically don’t signal management’s market view. The 6,624 RSUs have staggered vesting dates (703 vest 3/19/2027; 1,500 vest evenly on 3/12/2027 and 3/12/2028; 4,421 vest evenly on 3/12/2027, 3/12/2028, and 3/12/2029), assuming continued employment.
Insider Transaction Report
- Sale
Common Stock, par value $0.001 per share
[F1][F2]2026-03-20$83.97/sh−297$24,940→ 47,897 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 41,273 shares of common stock and 6,624 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 703 restricted stock units will vest on March 19, 2027, 1,500 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 4,421 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.