Coffin Kim 4

4 · Sprouts Farmers Market, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Sprouts (SFM) SVP Kim Coffin Receives Award, Sells Shares

What Happened

Kim Coffin, SVP & Chief Forager at Sprouts Farmers Market (SFM), had 12,950 performance shares vest on March 14, 2026 (acquired at $0). Following the vesting, 3,766 shares were sold in a broker-assisted transaction on March 16, 2026 at $80.82 per share, generating proceeds of approximately $304,382. The sale was to satisfy withholding tax obligations and was not a discretionary trade.

Key Details

Vesting/acquisition: 12,950 shares on 2026-03-14 (result of performance awards originally granted 2023-03-14 at target 6,475 shares; certified at 200% performance).
Sale: 3,766 shares on 2026-03-16 at $80.82 (total ≈ $304,382); broker-assisted to cover tax withholding (footnote F2).
Ownership after transactions: 17,433 shares of common stock and 6,679 restricted stock units (RSUs) (footnote F3).
RSU vest schedule (per F3): 1,478 RSUs vest Mar 19, 2026 & Mar 19, 2027; 1,299 RSUs vest Mar 12, 2027 & Mar 12, 2028; 3,902 RSUs vest evenly over Mar 12, 2027–Mar 12, 2029. All assume continued employment.
Filing: Form 4 filed 2026-03-17 reporting vesting (3/14) and sale (3/16).

Context

The sale was a tax-withholding, broker-assisted disposition tied to the vesting of performance shares and explicitly noted as non-discretionary. Vesting of performance awards reflects achievement of company-set goals (awarded at target in 2023 and certified at 200% for 2025). Such tax-withholding sales are common and do not necessarily indicate a change in the insider’s view of the company.

Form 4

Period: 2026-03-14

SVP, Chief Forager

Transactions

Award
Common Stock, par value $0.001 per share
[F1]
2026-03-14+12,950→ 27,878 total
Sale
Common Stock, par value $0.001 per share
[F2][F3]
2026-03-16$80.82/sh−3,766$304,382→ 24,112 total

Footnotes (3)

[F1]On March 14, 2023, the reporting person was granted performance share awards covering 6,475 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of 2025 performance goals as certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria for fiscal 2025 by the Issuer's compensation committee at the 200% performance level, 12,950 shares vested on March 14, 2026.
[F2]This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of performance share awards, 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 17,433 shares of common stock and 6,679 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,478 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 1,299 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 3,902 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 Kim Coffin|2026-03-17

1 file