Konat Nicholas 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) President & COO Nicholas Konat Sells 952 Shares
What Happened
Nicholas Konat, President and Chief Operating Officer of Sprouts Farmers Market (SFM), sold 952 shares of Sprouts common stock on 2026-03-18 at $83.50 per share, reporting total proceeds of $79,487. This was a sale (S) and was executed as a broker-assisted transaction to satisfy tax withholding obligations tied to vested restricted stock units (RSUs), not a discretionary trade.
Key Details
- Transaction date: 2026-03-18; Price reported: $83.50; Shares sold: 952; Proceeds: $79,487.
- Filing date: 2026-03-19 (timely filing for the 2026-03-18 transaction).
- Reported holdings after the transaction (per filing footnote): 67,092 shares of common stock and 12,095 RSUs. Each RSU converts to one share upon vesting.
- Footnote: The sale was broker-assisted to satisfy withholding tax on vested RSUs under the issuer’s equity plan and "does not represent a discretionary trade by the reporting person." (Footnote F1)
- RSU vest schedule noted (assumes continued employment): 2,511 RSUs vest evenly on 3/19/2026 & 3/19/2027; 2,429 RSUs vest evenly on 3/12/2027 & 3/12/2028; 7,155 RSUs vest evenly on 3/12/2027, 3/12/2028 & 3/12/2029. (Footnote F2)
Context
This transaction was a tax-withholding sale related to RSU vesting (common administrative action) rather than an open-market sale for investment reasons. Such withholding sales are routine and typically not interpreted as a negative signal about the insider’s view of the company.
Insider Transaction Report
- Sale
Common Stock, par value $0.001 per share
[F1][F2]2026-03-18$83.50/sh−952$79,487→ 79,187 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 67,092 shares of common stock and 12,095 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 2,511 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 2,429 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 7,155 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.