Sprouts Farmers Market, Inc.·4

Mar 16, 7:13 PM ET

Clark Don 4

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

Research Summary

AI-generated summary of this filing

Updated

Sprouts (SFM) CMO Don Clark Receives RSUs & Option Award

What Happened

  • Don Clark, Chief Merchandising Officer of Sprouts Farmers Market (SFM), received equity awards on March 12, 2026. The filing reports a grant of 16,371 restricted stock units (RSUs) and 6,688 derivative awards (option-like) at $0.00 — standard compensation grants rather than open-market purchases or sales.
  • The RSUs and the derivative awards vest/ become exercisable over three years: one‑third on March 12, 2027; one‑third on March 12, 2028; and one‑third on March 12, 2029, assuming continued employment. No dollar sale/purchase value is reported because these are awards issued at no cash price.

Key Details

  • Transaction date: 2026-03-12; Filing date: 2026-03-16 (timely filing).
  • Prices: $0.00 per share (grant/award).
  • Shares reported: 16,371 RSUs (F1) and 6,688 derivative awards (F2).
  • Shares owned after transaction: Not specified in the provided filing extract.
  • Footnotes: F1 explains the 16,371 awards are RSUs (one RSU = one share upon vesting). F2 indicates the 6,688 awards are option-like and become exercisable over the same three-year schedule.
  • Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding sale, or gift noted in the provided information.

Context

  • These awards are compensation grants (routine insider awards) and do not represent open-market buying or selling. RSUs convert to shares upon vesting; option-like awards require exercisability per the vest schedule before resulting in shares.
  • Such grants are common for executive compensation and should be viewed as personnel/compensation information rather than a direct buy/sell signal.

Insider Transaction Report

Form 4
Period: 2026-03-12
Clark Don
Chief Merchandising Officer
Transactions
  • Award

    Common Stock, par value $0.001 per share

    [F1]
    2026-03-12+16,37116,371 total
  • Award

    Stock Option (right to buy)

    [F2]
    2026-03-12+6,6886,688 total
    Exercise: $78.84Exp: 2033-03-12Common Stock, par value $0.001 per share (6,688 underlying)
Footnotes (2)
  • [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]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 Don Clark|2026-03-16

Documents

1 file
  • 4
    wk-form4_1773702826.xmlPrimary

    FORM 4