Clark Don 4

What Happened

• Don Clark, Chief Merchandising Officer of Sprouts Farmers Market (SFM), received equity awards on March 12, 2026. The filing reports a grant of 16,371 restricted stock units (RSUs) and 6,688 derivative awards (option-like) at $0.00 — standard compensation grants rather than open-market purchases or sales.
• The RSUs and the derivative awards vest/ become exercisable over three years: one‑third on March 12, 2027; one‑third on March 12, 2028; and one‑third on March 12, 2029, assuming continued employment. No dollar sale/purchase value is reported because these are awards issued at no cash price.

Key Details

• Transaction date: 2026-03-12; Filing date: 2026-03-16 (timely filing).
• Prices: $0.00 per share (grant/award).
• Shares reported: 16,371 RSUs (F1) and 6,688 derivative awards (F2).
• Shares owned after transaction: Not specified in the provided filing extract.
• Footnotes: F1 explains the 16,371 awards are RSUs (one RSU = one share upon vesting). F2 indicates the 6,688 awards are option-like and become exercisable over the same three-year schedule.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding sale, or gift noted in the provided information.

Context

• These awards are compensation grants (routine insider awards) and do not represent open-market buying or selling. RSUs convert to shares upon vesting; option-like awards require exercisability per the vest schedule before resulting in shares.
• Such grants are common for executive compensation and should be viewed as personnel/compensation information rather than a direct buy/sell signal.