Sinclair Jack 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) CEO Jack Sinclair Sells 3,201 Shares
What Happened
- Jack Sinclair, CEO of Sprouts Farmers Market (SFM), sold 3,201 shares of common stock on March 20, 2026, at $83.97 per share for proceeds of $268,793. This was a sale (not a purchase) and was executed as a broker‑assisted transaction to satisfy tax withholding upon RSU vesting, so it does not reflect a discretionary trade by the reporting person.
Key Details
- Transaction date and price: March 20, 2026 — 3,201 shares sold at $83.97 each (total $268,793).
- Transaction type/code: Sale (S); footnote indicates broker-assisted sale for tax withholding (F1).
- Shares/units held after transaction: Includes 231,284 shares of common stock and 38,696 restricted stock units (RSUs) (F2).
- RSU vesting schedule (per F2): 7,597 RSUs vest on 3/19/2027; 7,882 RSUs vest evenly on 3/12/2027 and 3/12/2028; 23,217 RSUs vest evenly on 3/12/2027, 3/12/2028 and 3/12/2029 (vesting assumes continued employment).
- Filing timeliness: Report filed 2026-03-23 for a 2026-03-20 transaction — filed within the Form 4 two-business-day window (timely).
Context
- The sale was a tax-withholding action tied to RSU vesting (a common, routine administrative sale) rather than a discretionary sell signal from the insider. For retail investors, purchases typically carry more weight as potential positive signals; this type of sale is standard when shares are sold to cover taxes on vested equity.
Insider Transaction Report
Form 4
Sinclair Jack
DirectorChief Executive Officer
Transactions
- Sale
Common Stock, par value $0.001 per share
[F1][F2]2026-03-20$83.97/sh−3,201$268,793→ 269,980 total
Footnotes (2)
- [F1]This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of restricted stock units, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
- [F2]Includes 231,284 shares of common stock and 38,696 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 7,597 restricted stock units will vest on March 19, 2027, 7,882 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 23,217 restricted stock units will vest evenly over three years on March 12, 2027, March 12, 2028 and March 12, 2029. All such vests assume continued employment through the applicable vest date.
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair|2026-03-23