McGlinchey David 4

4 · Sprouts Farmers Market, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Sprouts (SFM) Chief Development Officer David McGlinchey Sells Shares

What Happened

David McGlinchey, Chief Development Officer of Sprouts Farmers Market (SFM), had 15,552 performance shares vest on March 14, 2026 (no cash paid). On March 16, 2026 he sold 4,872 shares in the open market at $80.82 per share for reported proceeds of $393,774. The sale was a disposition, while the 15,552-share entry reflects vesting of performance awards.

Key Details

Transactions: 15,552 shares vested (award/acquisition) on 2026-03-14 @ $0.00; 4,872 shares sold (open market) on 2026-03-16 @ $80.82 (reported proceeds $393,774).
Ownership after transactions: reporting person beneficially owns 41,410 shares of common stock and 7,327 restricted stock units (RSUs).
RSU vesting schedule (per filing): 1,406 RSUs vest on 3/19/2026 and 3/19/2027 (evenly), 1,500 RSUs vest evenly on 3/12/2027 and 3/12/2028, and 4,421 RSUs vest evenly on 3/12/2027, 3/12/2028 and 3/12/2029—vesting assumes continued employment.
Footnotes: The 15,552 shares reflect performance share awards granted in 2023 at target of 7,776 shares that vested at the 200% performance level for fiscal 2025. The March 16 sale was a broker-assisted sale to satisfy tax-withholding obligations upon vesting and was not a discretionary sale by the reporting person.

Context

The vesting was the result of achievement of performance goals (certified at the maximum 200% level) rather than a cash purchase. The subsequent broker-assisted sale was used to cover required tax withholdings—a common administrative step that does not necessarily signal a change in the insider’s view on the company.

Form 4

Period: 2026-03-14

Chief Development Officer

Transactions

Award
Common Stock, par value $0.001 per share
[F1]
2026-03-14+15,552→ 53,609 total
Sale
Common Stock, par value $0.001 per share
[F2][F3]
2026-03-16$80.82/sh−4,872$393,774→ 48,737 total

Footnotes (3)

[F1]On March 14, 2023, the reporting person was granted performance share awards covering 7,776 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of 2025 performance goals as certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria for fiscal 2025 by the Issuer's compensation committee at the 200% performance level, 15,552 shares vested on March 14, 2026.
[F2]This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of performance share awards, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
[F3]Includes 41,410 shares of common stock and 7,327 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,406 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 1,500 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 4,421 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 David McGlinchey|2026-03-17

1 file