Rassi Amanda 4
Research Summary
AI-generated summary
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.