4Filed Mar 15, 8:00 PM ET
Sprouts (SFM) CCO Amanda Rassi Receives Award
$SFM · Sprouts Farmers Market, Inc.Research Summary
AI-generated summary of this SEC filing
Sprouts (SFM) CCO Amanda Rassi Receives Award
What Happened
Amanda Rassi, Chief Customer Officer of Sprouts Farmers Market (SFM), was granted awards on March 12, 2026: 16,094 restricted stock units (RSUs) and 6,019 derivative awards (stock options). Both grants were recorded at $0 per share (standard for compensation awards). The combined award equals 22,113 units subject to vesting; no cash changed hands in these grants.
Key Details
- Transaction date: 2026-03-12; Filing date: 2026-03-16 (filed within required period).
- Grant amounts and price: 16,094 RSUs @ $0; 6,019 options/derivative @ $0. Total units granted: 22,113.
- Vesting/exercise schedule (per footnotes): each award vests over three years — one‑third on Mar 12, 2027; one‑third on Mar 12, 2028; and one‑third on Mar 12, 2029, assuming continued employment.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Transaction code: A = Award/Grant. Footnotes: F1 = RSUs convert to one share each upon vesting; F2 = options become exercisable as they vest. No 10b5-1 plan, tax withholding, or sale was disclosed.
Context
RSUs represent a right to receive shares only when they vest; options must be exercised (and may require payment) after they vest. These are compensation-related grants (routine for executives) and are neither open‑market purchases nor sales, so they do not directly signal buying or selling intent.