Hilgendorf Stacy W. 4

What Happened
Stacy W. Hilgendorf, Vice President and Controller of Sprouts Farmers Market (SFM), reported a sale of 228 shares of common stock on March 20, 2026. The shares were sold at $83.97 each for a total of $19,146. According to the filing, this sale was a broker-assisted transaction to satisfy tax withholding obligations triggered by the vesting of restricted stock units (RSUs), and not a discretionary trade by the reporting person (see footnote F1).

Key Details

• Transaction date and price: March 20, 2026 — 228 shares sold @ $83.97, total proceeds $19,146.
• Shares owned after transaction: Filing notes beneficial ownership including 5,590 shares of common stock and 3,799 restricted stock units (see F2).
• Notable footnotes: F1 — broker-assisted sale to satisfy RSU tax withholding (not a discretionary sale). F2 — breakdown of current holdings and RSU vesting schedule.
• Filing date: March 23, 2026 (filed within the issuer's reported window).

Context
The sale was executed to cover withholding taxes on RSUs that vested, a common administrative step that does not necessarily indicate the insider’s view on the stock. The filing lists 3,799 RSUs that convert into one share each upon vesting; vesting occurs in tranches (e.g., 841 RSUs vesting 3/19/2027 and other tranches vesting across 2027–2029), assuming continued employment.