McGlinchey David 4

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.