Hilgendorf Stacy W. 4

What Happened Stacy W. Hilgendorf, Vice President and Controller of Sprouts Farmers Market (SFM), sold 463 shares of SFM common stock on 2026-03-18 at $83.50 per share for total proceeds of $38,658. The Form 4 reports the sale as a broker-assisted disposition to satisfy tax withholding obligations tied to restricted stock unit (RSU) vesting, not a discretionary open-market trade.

Key Details

• Transaction date and price: 2026-03-18, 463 shares @ $83.50, total $38,658.
• Shares owned after transaction: reporting footnote indicates ownership of 4,977 shares of common stock plus 4,640 RSUs (each RSU converts to one share upon vesting).
• Footnotes: (F1) sale was broker-assisted to satisfy tax withholding on RSU vesting (not a discretionary trade); (F2) RSU vesting schedule — 1,682 RSUs vest evenly on Mar 19, 2026 & Mar 19, 2027; 738 RSUs vest evenly on Mar 12, 2027 & Mar 12, 2028; 2,220 RSUs vest evenly on Mar 12, 2027, Mar 12, 2028, and Mar 12, 2029 (all contingent on continued employment).
• Filing timeliness: Report filed 2026-03-19 for the 2026-03-18 transaction (appears timely).

Context This sale was a tax-withholding disposition tied to RSU vesting — a routine administrative action that does not necessarily indicate the insider’s view on the company’s stock. For retail investors, purchases are typically more indicative of insider confidence; withholding sales like this are common when equity awards vest.