Hurley Joseph L 4

4 · Sprouts Farmers Market, Inc. · Filed Mar 16, 2026

AI-generated summary of this filing

Updated Mar 16, 2026

Sprouts (SFM) CSCO Joseph Hurley Receives RSUs; Sells 219 Shares

What Happened

Joseph L. Hurley, Chief Supply Chain Officer at Sprouts Farmers Market (SFM), received a grant of 3,817 restricted stock units (RSUs) on March 12, 2026 (reported at $0.00 acquisition price). On March 13, 2026 he disposed of 219 shares in a sale that generated $17,384 (219 shares × $79.38).
The sale was a broker-assisted sale to satisfy withholding taxes related to the RSU vesting and is not reported as a discretionary trade by Hurley. The RSU grant vests over three years (one-third each on Mar 12, 2027; Mar 12, 2028; Mar 12, 2029), assuming continued employment.

Key Details

Transaction dates and prices:
- 2026-03-12: Award (A) — 3,817 RSUs granted (acquisition price $0.00).
- 2026-03-13: Sale (S) — 219 shares sold at $79.38 each for $17,384 (broker-assisted).
Shares/units held (per filing footnote):
- 13,598 shares of common stock currently owned.
- 2,768 previously granted RSUs outstanding (with various vest schedules).
- In addition, the filing reports the newly granted 3,817 RSUs described above.
Vesting notes:
- The 3,817 RSUs vest one-third annually on March 12 of 2027, 2028 and 2029 (subject to continued employment).
- Other RSU tranches described in the filing vest in 2026–2028 per footnotes.
Reason for sale:
- Footnote confirms the 219-share sale was to cover withholding taxes on vested equity (broker-assisted), not a discretionary market sell.
Filing timeliness:
- Report filed March 16, 2026; no late-filing flag indicated.

Context

RSUs are compensation awards that convert to shares upon vesting; the grant itself is not a purchase signal. The small, broker-assisted sale here is routine tax-related selling rather than an investment decision.
For retail investors, acquisitions (outright purchases) generally carry more interpretive weight than awards or tax-withholding sales.

Form 4

Period: 2026-03-12

Chief Supply Chain Officer

Transactions

Award
Common Stock, par value $0.001 per share
[F1]
2026-03-12+3,817→ 20,402 total
Sale
Common Stock, par value $0.001 per share
[F2][F3]
2026-03-13$79.38/sh−219$17,384→ 20,183 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 3,817 shares described in Note (1), 13,598 shares of common stock and 2,768 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, and 1,295 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 Joseph L. Hurley|2026-03-16

1 file