Zalatoris Timmi 4

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.