Sinclair Jack 4

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.