Coffin Kim 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Sprouts Farmers Market (SFM) SVP Chief Forager Kim Coffin Sells 313 Shares
What Happened Kim Coffin, SVP and Chief Forager of Sprouts Farmers Market (SFM), sold 313 shares of common stock on 2026-03-20 at $83.97 per share, receiving approximately $26,283. The filing notes this was a broker-assisted sale to satisfy the withholding tax liability from vested restricted stock units and was not a discretionary trade by the reporting person.
Key Details
- Transaction date and price: 2026-03-20, 313 shares at $83.97 each.
- Gross proceeds: ~$26,283.
- Transaction type: Sale (Form 4 code S); footnote indicates the sale was to cover tax withholding (broker-assisted).
- Holdings reported after the transaction (per filing footnote): 17,392 shares of common stock and 5,940 restricted stock units (RSUs).
- RSU vesting (per footnote): 739 RSUs vest 3/19/2027; 1,299 RSUs vest evenly on 3/12/2027 and 3/12/2028; 3,902 RSUs vest evenly on 3/12/2027, 3/12/2028 and 3/12/2029 (vesting assumes continued employment).
- Filing date: 2026-03-23 (filed timely following the 3/20 transaction).
Context This was a tax-withholding sale tied to RSU vesting (common when restricted shares vest) and is typically considered routine rather than a direct signal of the insider’s view on the company. The filing clarifies these shares were sold only to satisfy withholding obligations; the RSUs remain scheduled to convert to shares as they vest.
Insider Transaction Report
- Sale
Common Stock, par value $0.001 per share
[F1][F2]2026-03-20$83.97/sh−313$26,283→ 23,332 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 17,392 shares of common stock and 5,940 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 739 restricted stock units will vest on 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.