Valentine Curtis 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) CFO Valentine Curtis Receives RSUs, Sells Shares
What Happened
- Valentine Curtis, Chief Financial Officer of Sprouts Farmers Market (SFM), received equity awards and executed a small sale. The filing shows a grant of 3,786 restricted stock units (RSUs) (priced $0.00) and an additional 9,162 derivative equity awards (also $0.00). Separately, Curtis sold 206 shares in an open-market/broker-assisted transaction at $79.38 per share, generating $16,352. The sale was to satisfy tax withholding, not a discretionary trade.
Key Details
- Transaction dates and prices:
- 2026-03-12: Award of 3,786 RSUs (grant price $0.00) and 9,162 derivative awards (reported at $0.00).
- 2026-03-13: Sale of 206 shares @ $79.38 = $16,352 (broker-assisted).
- Shares/holdings after transaction (per filing footnote): beneficial ownership includes 10,026 shares of common stock and 4,769 RSUs (the filing breaks out existing shares and outstanding RSUs/options).
- Notable footnotes:
- F1/F3: The 3,786 items are RSUs; additional RSUs and shares are listed in the filing with specific vesting schedules.
- F2: The 206-share sale was broker-assisted to satisfy withholding tax upon vesting—this is a tax-withholding sale, not a discretionary sell.
- F4: Some awards/options vest over three years (one‑third each year on Mar 12 of 2027, 2028, 2029), with other RSUs having staggered vest dates per footnote.
- Filing timeliness: Filed 2026-03-16 for transactions on 2026-03-12/13 — the Form 4 appears to have been filed within the required two business days.
Context
- The primary actionable item for investors is the award of RSUs/derivative equity (compensation), which vests over multiple years per the footnotes. The small sale was a tax-withholding transaction associated with vesting (common practice) and should not be read as a voluntary disposition expressing sentiment.
Insider Transaction Report
Form 4
Valentine Curtis
Chief Financial Officer
Transactions
- Award
Common Stock, par value $0.001 per share
[F1]2026-03-12+3,786→ 15,001 total - Sale
Common Stock, par value $0.001 per share
[F2][F3]2026-03-13$79.38/sh−206$16,352→ 14,795 total - Award
Stock Option (right to buy)
[F4]2026-03-12+9,162→ 9,162 totalExercise: $78.84Exp: 2033-03-12→ Common Stock, par value $0.001 per share (9,162 underlying)
Footnotes (4)
- [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 3,786 shares described in Note (1), 6,240 shares of common stock and 4,769 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,860 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 1,624 restricted stock units will vest evenly over two years on September 4, 2026 and September 4, 2027, and 1,285 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.
- [F4]These options become exercisable over three years, with one-third vesting on March 12, 2027; one-third vesting on March 12, 2028; and the remaining one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date.
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Curtis Valentine|2026-03-16