Zalatoris Timmi 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) CHRO Timmi Zalatoris Sells Shares
What Happened
- Timmi Zalatoris, Chief Human Resources Officer of Sprouts Farmers Market (SFM), sold a total of 737 shares in two open-market/broker-assisted transactions to satisfy tax withholding on vested restricted stock units. The sales were: 311 shares on 2026-03-20 at $83.97 ($26,115) and 426 shares on 2026-03-23 at $78.52 ($33,450), for a combined proceeds of approximately $59,565. These were sales (routine tax-withholding transactions), not purchases.
Key Details
- Transaction dates & prices: 2026-03-20 — 311 shares @ $83.97; 2026-03-23 — 426 shares @ $78.52.
- Total shares sold: 737; total proceeds: ~$59,565.
- Shares owned after transaction (per filing): 9,754 shares of common stock and 3,291 restricted stock units (RSUs).
- RSU vesting schedule (per footnote): 736 RSUs vest 3/19/2027; 647 RSUs vest evenly 3/12/2027 & 3/12/2028; 1,908 RSUs vest evenly 3/12/2027, 3/12/2028 & 3/12/2029. Vesting assumes continued employment.
- Footnote: Broker-assisted sales were executed to satisfy withholding tax on vested RSUs (non-discretionary), not indicative of an independent sell decision by the insider.
- Filing: Report filed 2026-03-23; transactions reported within the standard 2-business-day Form 4 window (timely).
Context
- These were tax-withholding sales tied to RSU vesting (common for executives) rather than discretionary market-timed sales. Such transactions typically reflect routine administrative requirements, not necessarily a view on company prospects.
Insider Transaction Report
Form 4
Zalatoris Timmi
Chief Human Resources Officer
Transactions
- Sale
Common Stock, par value $0.001 per share
[F1]2026-03-20$83.97/sh−311$26,115→ 13,471 total - Sale
Common Stock, par value $0.001 per share
[F2]2026-03-23$78.52/sh−426$33,450→ 13,045 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 9,754 shares of common stock and 3,291 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 736 restricted stock units will vest on March 19, 2027, 647 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 1,908 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.
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Timmi Zalatoris|2026-03-23