Coffin Kim 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Sprouts (SFM) SVP Coffin Kim Receives RSUs, Sells Shares
What Happened
Coffin Kim, Senior Vice President & Chief Forager at Sprouts Farmers Market (SFM), received a grant of 3,902 restricted stock units (RSUs) on 2026-03-12. On 2026-03-13, 209 shares were sold in a broker-assisted transaction at $79.38 per share, generating roughly $16,590; that sale was to satisfy withholding taxes and was not a discretionary sale.
Key Details
- Transactions: 2026-03-12 — Award/Acquisition (A) of 3,902 RSUs (no cash price); 2026-03-13 — Sale (S) of 209 shares at $79.38 ($16,590 total).
- Shares/units reported after the transactions: the filing lists 8,249 shares of common stock and 2,777 RSUs, in addition to the 3,902 RSUs just granted (i.e., the grant is reported separately).
- Vest schedule for the 3,902 RSUs: one-third vests on March 12 of 2027, 2028 and 2029, subject to continued employment.
- Additional RSU vesting noted in the filing: 1,478 RSUs vest evenly on March 19, 2026 and March 19, 2027; 1,299 RSUs vest evenly on March 12, 2027 and March 12, 2028 (all subject to continued employment).
- Sale was broker-assisted to satisfy tax withholding per the company's equity plan (footnote indicates this was not a discretionary trade).
- Filing date: 2026-03-16. The Form 4 was filed within the standard two-business-day window following the transaction dates (timely).
Context
RSU grants (A) are awards that convert to shares if and when they vest; they are not an immediate cash purchase and often reflect compensation rather than an outright bullish purchase. The small broker-assisted sale (F = tax withholding) is a routine method to cover taxes owed upon vesting and should not be read as a standalone signal of insider sentiment.
Insider Transaction Report
- Award
Common Stock, par value $0.001 per share
[F1]2026-03-12+3,902→ 15,137 total - Sale
Common Stock, par value $0.001 per share
[F2][F3]2026-03-13$79.38/sh−209$16,590→ 14,928 total
Footnotes (3)
- [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 3,902 shares described in Note (1), 8,249 shares of common stock and 2,777 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,478 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, and 1,299 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.