Zalatoris Timmi 4

4 · Sprouts Farmers Market, Inc. · Filed Mar 16, 2026

AI-generated summary of this filing

Updated Mar 16, 2026

Sprouts (SFM) CHRO Timmi Zalatoris Receives RSUs, Sells 104 Shares

What Happened

Timmi Zalatoris, Chief Human Resources Officer of Sprouts Farmers Market (SFM), received equity awards and executed a small sale tied to tax withholding. On 2026-03-12 Zalatoris was granted 1,908 restricted stock units (RSUs) and 4,618 derivative awards (options/other equity) (both reported at $0 acquisition price). On 2026-03-13 she sold 104 shares in an open-market/broker-assisted transaction at $79.38 per share, generating about $8,255. The sale was to satisfy tax withholding on the RSU vest and was not a discretionary trade.

Key Details

Transaction dates/prices:
- 2026-03-12: Awarded 1,908 RSUs (grant value reported $0) and 4,618 derivative awards (reported $0).
- 2026-03-13: Sold 104 shares at $79.38 each — proceeds ~$8,255.
Shares/holdings after the report (per filing footnote):
- 11,039 shares of common stock (owned)
- 1,908 newly granted RSUs (unvested)
- 2,120 previously granted RSUs (unvested)
- 4,618 derivative awards/options (unexercised)
Notable footnotes:
- F1: The 1,908 RSUs vest one-third each year on March 12 of 2027, 2028 and 2029 (requires continued employment).
- F2: The 104-share sale was broker-assisted to satisfy tax withholding on vested RSUs and is not a discretionary sale.
- F3/F4: Additional detail on existing RSUs/options and their vesting schedules (some RSUs vest March 19 dates; options vest one-third annually on March 12, 2027–2029).
Filing timeliness: Report filed 2026-03-16 for transactions dated 2026-03-12 — filed within the standard two business-day window.

Context

RSU grants are retention/compensation awards that vest over time; they do not represent immediate cash unless vested and settled. The small sale here was tax-related (routine) rather than an investment decision signal. The derivative awards (4,618) appear to be options that vest over three years and would only convert to shares upon exercise and fulfillment of plan terms.

Form 4

Period: 2026-03-12

Chief Human Resources Officer

Transactions

Award
Common Stock, par value $0.001 per share
[F1]
2026-03-12+1,908→ 15,171 total
Sale
Common Stock, par value $0.001 per share
[F2][F3]
2026-03-13$79.38/sh−104$8,255→ 15,067 total
Award
Stock Option (right to buy)
[F4]
2026-03-12+4,618→ 4,618 total
Exercise: $78.84Exp: 2033-03-12→ Common Stock, par value $0.001 per share (4,618 underlying)

Footnotes (4)

[F1]Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 12, 2027; one-third vesting on March 12, 2028; and one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date.
[F2]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.
[F3]Includes, in addition to the 1,908 shares described in Note (1), 11,039 shares of common stock and 2,120 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,473 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, and 647 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028. All such vests assume continued employment through the applicable vest date.
[F4]These options become exercisable over three years, with one-third vesting on March 12, 2027; one-third vesting on March 12, 2028; and the remaining one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date.

Signature

/s/ Brandon F. Lombardi, Attorney-in-Fact for Timmi Zalatoris|2026-03-16

1 file