Valentine Curtis 4

What Happened

• Valentine Curtis, Chief Financial Officer of Sprouts Farmers Market (SFM), received equity awards and executed a small sale. The filing shows a grant of 3,786 restricted stock units (RSUs) (priced $0.00) and an additional 9,162 derivative equity awards (also $0.00). Separately, Curtis sold 206 shares in an open-market/broker-assisted transaction at $79.38 per share, generating $16,352. The sale was to satisfy tax withholding, not a discretionary trade.

Key Details

• Transaction dates and prices:
  • 2026-03-12: Award of 3,786 RSUs (grant price $0.00) and 9,162 derivative awards (reported at $0.00).
  • 2026-03-13: Sale of 206 shares @ $79.38 = $16,352 (broker-assisted).
• Shares/holdings after transaction (per filing footnote): beneficial ownership includes 10,026 shares of common stock and 4,769 RSUs (the filing breaks out existing shares and outstanding RSUs/options).
• Notable footnotes:
  • F1/F3: The 3,786 items are RSUs; additional RSUs and shares are listed in the filing with specific vesting schedules.
  • F2: The 206-share sale was broker-assisted to satisfy withholding tax upon vesting—this is a tax-withholding sale, not a discretionary sell.
  • F4: Some awards/options vest over three years (one‑third each year on Mar 12 of 2027, 2028, 2029), with other RSUs having staggered vest dates per footnote.
• Filing timeliness: Filed 2026-03-16 for transactions on 2026-03-12/13 — the Form 4 appears to have been filed within the required two business days.

Context

• The primary actionable item for investors is the award of RSUs/derivative equity (compensation), which vests over multiple years per the footnotes. The small sale was a tax-withholding transaction associated with vesting (common practice) and should not be read as a voluntary disposition expressing sentiment.