Coffin Kim 4

What Happened Kim Coffin, SVP and Chief Forager of Sprouts Farmers Market (SFM), sold 313 shares of common stock on 2026-03-20 at $83.97 per share, receiving approximately $26,283. The filing notes this was a broker-assisted sale to satisfy the withholding tax liability from vested restricted stock units and was not a discretionary trade by the reporting person.

Key Details

• Transaction date and price: 2026-03-20, 313 shares at $83.97 each.
• Gross proceeds: ~$26,283.
• Transaction type: Sale (Form 4 code S); footnote indicates the sale was to cover tax withholding (broker-assisted).
• Holdings reported after the transaction (per filing footnote): 17,392 shares of common stock and 5,940 restricted stock units (RSUs).
• RSU vesting (per footnote): 739 RSUs vest 3/19/2027; 1,299 RSUs vest evenly on 3/12/2027 and 3/12/2028; 3,902 RSUs vest evenly on 3/12/2027, 3/12/2028 and 3/12/2029 (vesting assumes continued employment).
• Filing date: 2026-03-23 (filed timely following the 3/20 transaction).

Context This was a tax-withholding sale tied to RSU vesting (common when restricted shares vest) and is typically considered routine rather than a direct signal of the insider’s view on the company. The filing clarifies these shares were sold only to satisfy withholding obligations; the RSUs remain scheduled to convert to shares as they vest.