Zalatoris Timmi 4

What Happened
Timmi Zalatoris, Chief Human Resources Officer at Sprouts Farmers Market (SFM), sold a total of 10,405 shares in open-market/broker-assisted transactions on March 18–19, 2026 for aggregate proceeds of about $873,231. The sales were: 480 shares at $83.50 (≈ $40,078), 9,340 shares at a weighted average $83.95 (≈ $784,107), and 585 shares at $83.84 (≈ $49,046). The filing indicates these broker-assisted sales were executed to satisfy withholding tax obligations from recently vested restricted stock units and were not discretionary trades by the reporting person.

Key Details

• Transaction dates/prices:
  • 2026-03-18: 480 shares @ $83.50 (≈ $40,078)
  • 2026-03-18: 9,340 shares @ weighted avg $83.95 (≈ $784,107); sale prices ranged $83.88–$84.01
  • 2026-03-19: 585 shares @ $83.84 (≈ $49,046)
• Total sold: 10,405 shares for ≈ $873,231.
• Shares owned after transaction (per filing footnote): includes 9,754 shares of common stock and 4,028 restricted stock units (RSUs).
• Footnotes of note:
  • F1: Broker-assisted sales to cover tax withholding on RSU vesting — not a discretionary trade.
  • F2: The 9,340-share line is a weighted-average price; detailed per-price breakdown available on request.
  • F3: RSU vesting schedule detailed in filing (various tranches vesting through March 2029; vesting contingent on continued employment).
• Filing timing: Report filed 2026-03-19 for transactions on 2026-03-18 and 03-19; appears timely.

Context
These sales were tax-withholding related to RSU vesting (a common administrative action) rather than open-market selling for other reasons. For retail investors, purchases are generally a stronger bullish signal than routine withholding sales; this filing should be read as an administrative sale tied to compensation vesting, not necessarily an indicator of management view on company stock.