Hurley Joseph L 4

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

AI-generated summary of this filing

Updated Mar 17, 2026

Sprouts (SFM) CSCO Joseph Hurley Receives Award, Sells Shares

What Happened

Joseph L. Hurley, Chief Supply Chain Officer at Sprouts Farmers Market (SFM), had 12,788 performance shares vest on March 14, 2026 (awarded at $0.00). On March 16, 2026 he disposed of 3,910 shares in an open-market, broker-assisted sale at $80.82 per share for proceeds of $316,021. The sale was executed to satisfy withholding tax obligations, not a discretionary trade.

Key Details

Award vest date: March 14, 2026 — 12,788 shares vested (performance award originally granted 3/14/2023 at a target of 6,394 shares, vested at 200% performance).
Sale date and price: March 16, 2026 — 3,910 shares sold at $80.82 each; proceeds $316,021.
Beneficial ownership after transaction (per filing): 22,476 shares of common stock and 6,585 restricted stock units (RSUs).
RSU vesting schedule (assumes continued employment): 1,473 RSUs vest Mar 19, 2026 & Mar 19, 2027; 1,295 RSUs vest Mar 12, 2027 & Mar 12, 2028; 3,817 RSUs vest evenly over Mar 12, 2027–Mar 12, 2029.
Footnote: The sale was a broker-assisted withholding to cover taxes on the vested performance shares and was not a discretionary sale by the reporting person.
Filing: Report filed Mar 17, 2026 (no late filing indicated in the report).

Context

The 12,788 shares were performance-based awards that vested after the company’s compensation committee certified achievement of fiscal‑2025 targets at the maximum (200%) level. The small sale was routine tax-withholding related—common when awards vest—and does not necessarily indicate the insider’s view on the stock.

Form 4

Period: 2026-03-14

Chief Supply Chain Officer

Transactions

Award
Common Stock, par value $0.001 per share
[F1]
2026-03-14+12,788→ 32,971 total
Sale
Common Stock, par value $0.001 per share
[F2][F3]
2026-03-16$80.82/sh−3,910$316,021→ 29,061 total

Footnotes (3)

[F1]On March 14, 2023, the reporting person was granted performance share awards covering 6,394 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, 12,788 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 22,476 shares of common stock and 6,585 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, 1,295 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 3,817 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 Joseph L. Hurley|2026-03-17

1 file