Sprouts (SFM) Form 144 Discloses 651-Share Insider Sale via Morgan Stanley

Rhea-AI Filing Summary

Form 144 notice for Sprouts Farmers Market (SFM) shows a proposed sale of 651 common shares through Morgan Stanley Smith Barney on NASDAQ, with an aggregate market value of $92,168.58. The filer reports 97,726,169 shares outstanding for the issuer, so the planned sale is a very small fraction of total shares. The securities were acquired as restricted stock on 03/15/2025 from the issuer and payment/consideration is listed as not applicable. No sales by the same person in the prior three months are reported.

Positive

• Clear regulatory disclosure of the intended sale including broker, quantity, and aggregate value
• Securities were acquired as restricted stock, indicating the shares originated from issuer compensation rather than undisclosed purchases
• No sales in the past three months by the same person, reducing concerns about accelerated insider selling

Negative

• None.

Insights

Financial Analyst

TL;DR: Small, routine insider sale disclosed; immaterial to capital structure.

The filing reports a proposed sale of 651 shares valued at $92,168.58, representing a negligible portion of 97.7 million outstanding shares. The shares were acquired as restricted stock on 03/15/2025, indicating compensation or incentive issuance rather than open-market accumulation. From a market-impact perspective this transaction is immaterial and serves primarily as regulatory transparency around insider liquidity.

Corporate Governance Expert

TL;DR: Proper disclosure of insider sale and compliance with Rule 144; no red flags.

The notice includes broker details and the acquisition method (restricted stock), and the signer affirms no undisclosed material adverse information. The absence of other sales in the past three months and the small size relative to outstanding shares suggest routine disposition rather than signaling governance concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	651	92168.58	97726169	08/28/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/15/2025	Restricted Stock	Issuer			651	03/15/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for SFM disclose?

The filing discloses a proposed sale of 651 common shares on 08/28/2025 via Morgan Stanley Smith Barney with an aggregate value of $92,168.58.

When and how were the shares being sold acquired?

The shares were acquired as restricted stock on 03/15/2025 from the issuer, with 651 shares reported.

How material is the sale relative to Sprouts Farmers Market's share count?

The issuer reports 97,726,169 shares outstanding, so 651 shares are an immaterial fraction of the total.

Is there any report of other recent sales by this person?

The Form 144 states Nothing to Report for securities sold during the past three months.

Which broker and exchange are listed for the proposed sale?

Broker: Morgan Stanley Smith Barney LLC; Exchange: NASDAQ.