Sinclair Jack 4

What Happened

• Jack Sinclair, Chief Executive Officer of Sprouts Farmers Market (SFM), sold 4,754 shares of common stock on March 18, 2026 at $83.50 per share, generating roughly $396,936. This was a sale (not a purchase) and was executed as a broker-assisted transaction to satisfy tax withholding obligations tied to vested restricted stock units (RSUs), not a discretionary trade.

Key Details

• Transaction date and price: 2026-03-18, sale of 4,754 shares at $83.50 each.
• Reported position after transaction: 226,888 shares of common stock and 46,293 restricted stock units (RSUs) (see vesting schedule below).
• Footnote: The sale was broker-assisted to satisfy withholding tax on RSU vesting (i.e., a tax-withholding sale), not a voluntary market-timing decision.
• Filing timeliness: Reported on 2026-03-19 for a 2026-03-18 transaction (appears timely).

Context

• RSU details: Each RSU converts to one share upon vesting. Per the filing, 15,194 RSUs vest evenly over two years (Mar 19, 2026 & Mar 19, 2027), 7,882 RSUs vest evenly over two years (Mar 12, 2027 & Mar 12, 2028), and 23,217 RSUs vest evenly over three years (Mar 12, 2027, Mar 12, 2028, Mar 12, 2029), assuming continued employment.
• Investor takeaway: This was a routine tax-withholding sale tied to RSU vesting rather than an independent sell decision by the CEO; such transactions are common when equity awards vest.