McGlinchey David 4

What Happened
David McGlinchey, Chief Development Officer of Sprouts Farmers Market (SFM), disposed of 297 shares of SFM common stock in an open-market/broker-assisted sale on 2026-03-20 at $83.97 per share, generating proceeds of approximately $24,940. This was a sale (not a purchase) executed to satisfy tax withholding obligations related to the vesting of restricted stock units, and the filing indicates it was not a discretionary trade by the reporting person.

Key Details

• Transaction date and price: 2026-03-20 — 297 shares sold at $83.97 each (total ≈ $24,940).
• Filing date: Form 4 filed 2026-03-23 (within the SEC’s typical two-business-day filing window).
• Shares owned after transaction: reporting shows ownership of 41,273 shares of common stock plus 6,624 restricted stock units (RSUs).
• Footnotes: Broker-assisted sale to satisfy withholding tax on RSU vesting (not a discretionary sale). RSUs convert 1-for-1 to shares on vesting.
• Transaction codes: S = Sale; footnote indicates withholding/tax-related disposition.

Context
The sale was a tax-withholding transaction tied to RSU vesting rather than an independent decision to sell shares; such transactions are common when equity awards vest and typically don’t signal management’s market view. The 6,624 RSUs have staggered vesting dates (703 vest 3/19/2027; 1,500 vest evenly on 3/12/2027 and 3/12/2028; 4,421 vest evenly on 3/12/2027, 3/12/2028, and 3/12/2029), assuming continued employment.