JHAWAR ANDREW 4
Research Summary
AI-generated summary
Sprouts (SFM) Director Andrew Jhawar Receives 2,894 RSU Award
What Happened
- Andrew Jhawar, a director of Sprouts Farmers Market, received a grant of 2,894 restricted stock units (RSUs) on 2026-06-04. The filing reports an acquisition at $0.00 per unit (award), so the acquisition value is listed as $0. These RSUs represent the right to receive one share per unit upon vesting.
Key Details
- Transaction date: 2026-06-04; Filing date: 2026-06-08.
- Transaction type/code: Award/Grant (A) of 2,894 RSUs at $0.00.
- Acquisition value shown: $0 (award); each RSU converts to one common share upon vesting.
- Vesting: RSUs will vest on June 4, 2027, contingent on continued service (per footnote).
- Shares owned after the transaction: not specified in the filing.
- No tax withholding, sale, or 10b5-1 plan noted in the filing.
Context
- RSU grants are compensation awards, not open-market purchases or sales, so they generally reflect company compensation policy rather than an immediate insider bet on the stock. The RSUs do not convert into shares (and are not tradable) until they vest, subject to the service condition noted.