Zalatoris Timmi 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) CHRO Timmi Zalatoris Sells Shares
What Happened
Timmi Zalatoris, Chief Human Resources Officer at Sprouts Farmers Market (SFM), sold a total of 10,405 shares in open-market/broker-assisted transactions on March 18–19, 2026 for aggregate proceeds of about $873,231. The sales were: 480 shares at $83.50 (≈ $40,078), 9,340 shares at a weighted average $83.95 (≈ $784,107), and 585 shares at $83.84 (≈ $49,046). The filing indicates these broker-assisted sales were executed to satisfy withholding tax obligations from recently vested restricted stock units and were not discretionary trades by the reporting person.
Key Details
- Transaction dates/prices:
- 2026-03-18: 480 shares @ $83.50 (≈ $40,078)
- 2026-03-18: 9,340 shares @ weighted avg $83.95 (≈ $784,107); sale prices ranged $83.88–$84.01
- 2026-03-19: 585 shares @ $83.84 (≈ $49,046)
- Total sold: 10,405 shares for ≈ $873,231.
- Shares owned after transaction (per filing footnote): includes 9,754 shares of common stock and 4,028 restricted stock units (RSUs).
- Footnotes of note:
- F1: Broker-assisted sales to cover tax withholding on RSU vesting — not a discretionary trade.
- F2: The 9,340-share line is a weighted-average price; detailed per-price breakdown available on request.
- F3: RSU vesting schedule detailed in filing (various tranches vesting through March 2029; vesting contingent on continued employment).
- Filing timing: Report filed 2026-03-19 for transactions on 2026-03-18 and 03-19; appears timely.
Context
These sales were tax-withholding related to RSU vesting (a common administrative action) rather than open-market selling for other reasons. For retail investors, purchases are generally a stronger bullish signal than routine withholding sales; this filing should be read as an administrative sale tied to compensation vesting, not necessarily an indicator of management view on company stock.
Insider Transaction Report
- Sale
Common Stock, par value $0.001 per share
[F1]2026-03-18$83.50/sh−480$40,078→ 23,707 total - Sale
Common Stock, par value $0.001 per share
[F2]2026-03-18$83.95/sh−9,340$784,107→ 14,367 total - Sale
Common Stock, par value $0.001 per share
[F3]2026-03-19$83.84/sh−585$49,046→ 13,782 total
Footnotes (3)
- [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]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.88 to $84.01 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Includes 9,754 shares of common stock and 4,028 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,473 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 647 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 1,908 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.