Form 144: Sprouts proposes sale of 10,000 Class A shares via Merrill
Rhea-AI Filing Summary
Sprouts Farmers Market filed a Form 144 notifying a proposed sale of 10,000 Common Class A shares through Merrill on NASDAQ with an aggregate market value of $1,475,725.00. The filing lists 97,726,169 shares outstanding and an approximate sale date of 08/12/2025. The securities were acquired as restricted stock on 03/14/2024 (6,779 shares), 05/11/2018 (1,910 shares) and 05/09/2017 (1,311 shares), with payment recorded as stock payment. No securities were reported sold by the person in the past three months. The filer represents they do not possess undisclosed material adverse information.
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Insights
TL;DR: Routine Form 144 notice for 10,000 Sprouts Class A shares; disclosures are standard and present no new operational data.
This Form 144 reports a proposed sale of 10,000 Sprouts (SFM) Common Class A shares through Merrill with an aggregate market value of $1,475,725. The filing details acquisition dates and that the shares were granted as restricted stock and paid via stock payment. There are no reported sales in the prior three months and the filer attests to no undisclosed material adverse information. From a market-impact perspective, the disclosure is procedural and provides transparency on an intended sale but does not convey new company performance information.
TL;DR: Governance disclosure is complete for a Rule 144 sale; representation about material information is standard and important for compliance.
The filing documents the relationship of the securities to the issuer through acquisition history and payment method, indicating restricted stock grants spanning 2017 to 2024. The absence of sales in the past three months and the explicit attestation that no material nonpublic information is known are standard compliance elements that help protect both the filer and the market. This notice fulfills regulatory disclosure requirements but does not, by itself, signal governance changes or material corporate events.