Konat Nicholas 4

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.