STOCK TITAN

Sprouts officer plans $1.7M cashless stock sale

Form 144 says officer Jack Sinclair plans to sell up to 21,576 Sprouts shares worth about $1.74M through Goldman Sachs.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sprouts Farmers Market, Inc. (SFM) is the issuer in a Form 144 notice covering planned sales of common stock for the account of officer Jack Sinclair. The notice lists up to 21,576 shares of common stock to be sold through Goldman Sachs & Co. LLC, with an aggregate market value of $1,743,556.56. The filing states that there were 93,247,625 shares outstanding as of 09/01/2026. The shares to be sold were acquired via stock options on 03/09/2020 and will be disposed of through a cashless exercise / same-day sale structure. The sales are made under a selling plan dated 03/06/2026 that is intended to comply with Rule 10b5-1(c). The notice also lists several prior common stock sales by Jack Sinclair over the past three months, each in blocks of 10,788–10,790 shares with stated dollar amounts.

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Shares to be sold 21,576 shares Common stock planned for sale under Form 144 for Jack Sinclair
Aggregate market value of planned sale $1,743,556.56 Market value of 21,576 shares of common stock listed in the notice
Shares outstanding 93,247,625 shares Common stock outstanding as of 09/01/2026
Past sale on 06/05/2026 10,790 shares for $885,023.96 Common stock sale by Jack Sinclair during past three months
Past sale on 08/04/2026 10,788 shares for $936,363.88 Common stock sale by Jack Sinclair during past three months
Selling plan date 03/06/2026 Date of Rule 10b5-1(c) selling plan referenced in the notice
Option acquisition date 03/09/2020 Date shares to be sold were acquired as compensation via stock options
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1(c) regulatory
"selling plan dated 3/06/2026 that is intended to comply with Rule 10b5-1(c)."
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
cashless exercise / same-day sale financial
"Compensation -- Cashless exercise / same-day sale"
Common financial
"Common | Goldman Sachs & Co. LLC"

FAQ

What does the Form 144 filing disclose for Sprouts Farmers Market, Inc. (SFM)?

It discloses that officer Jack Sinclair plans to sell up to 21,576 shares of Sprouts Farmers Market, Inc. common stock, with an aggregate market value of $1,743,556.56, under a Rule 10b5-1(c) selling plan dated 03/06/2026.

How many Sprouts Farmers Market (SFM) shares are outstanding as referenced in this Form 144?

The Form 144 states that there were 93,247,625 shares outstanding of Sprouts Farmers Market, Inc. common stock as of 09/01/2026; this is a baseline figure, not the amount being offered.

How were the Sprouts Farmers Market (SFM) shares to be sold by Jack Sinclair acquired?

The shares to be sold were acquired as compensation through stock options on 03/09/2020, and the planned disposition is described as a compensation -- cashless exercise / same-day sale involving the issuer.

What sales of SFM shares did Jack Sinclair make in the past three months?

The notice lists six common stock sales by Jack Sinclair between 06/05/2026 and 08/04/2026, each for 10,788–10,790 shares, with stated proceeds ranging from $885,023.96 to $963,756.77 per transaction.

Who is executing the planned sales of Sprouts Farmers Market (SFM) shares?

The Form 144 identifies Goldman Sachs & Co. LLC as the broker for the common stock, and the notice is signed by Goldman Sachs & Co. LLC on behalf of Jack Sinclair.

On what date was the Form 144 notice for SFM filed and what rule plan applies?

The Date of Notice is 09/01/2026, and the filing states that the sales are made in connection with a selling plan dated 03/06/2026 intended to comply with Rule 10b5-1(c).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature