Valentine Curtis 4

What Happened Valentine Curtis, CFO of Sprouts Farmers Market (SFM), sold 253 shares of common stock on March 20, 2026, at $83.97 per share, generating proceeds of approximately $21,245. The sale was a broker-assisted transaction to satisfy withholding taxes from vested restricted stock units (RSUs) and was not a discretionary trade.

Key Details

• Transaction date and price: March 20, 2026 — 253 shares sold at $83.97 each (total ≈ $21,245).
• Transaction type: Sale (S) via broker-assisted/withholding sale (not a voluntary market-timed sale).
• Shares owned after transaction: 12,786 shares of common stock and 7,625 restricted stock units (RSUs).
• Vesting schedule for RSUs (assumes continued employment):
  • 930 RSUs vest on March 19, 2027
  • 1,624 RSUs vest evenly on Sept 4, 2026 and Sept 4, 2027
  • 1,285 RSUs vest evenly on March 12, 2027 and March 12, 2028
  • 3,786 RSUs vest evenly on March 12, 2027, March 12, 2028 and March 12, 2029
• Footnote: The sale was executed to satisfy tax withholding obligations upon RSU vesting and “does not represent a discretionary trade by the reporting person.”
• Filing timeliness: Form 4 filed March 23, 2026 (timely within the required two business days).

Context This was a tax-withholding sale tied to RSU vesting — a common administrative transaction by insiders that generally does not indicate a change in sentiment about the company's outlook. RSUs represent a right to receive shares upon vesting; portions of those RSUs will convert to shares on the dates listed above if the reporting person remains employed.