Sprouts (SFM) CFO sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprouts Farmers Market Chief Financial Officer Curtis Valentine reported a small, tax-related stock sale. On March 20, 2026, a broker-assisted transaction sold 253 shares of common stock at an average price of $83.9715 per share to satisfy withholding taxes from vesting restricted stock units, as required under the company’s equity plan, so it was not a discretionary trade.
After this transaction, Valentine directly holds 20,411 shares of common stock, which includes 12,786 shares and 7,625 restricted stock units. The restricted stock units are scheduled to vest in tranches between September 4, 2026 and March 12, 2029, assuming continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 253 shares ($21,245)
Net Sell
1 txn
Insider
Valentine Curtis
Role
Chief Financial Officer
Sold
253 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 253 | $83.9715 | $21K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 20,411 shares (Direct)
Footnotes (1)
- This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of restricted stock units, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person. Includes 12,786 shares of common stock and 7,625 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 930 restricted stock units will vest on March 19, 2027, 1,624 restricted stock units will vest evenly over two years on September 4, 2026 and September 4, 2027, 1,285 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 3,786 restricted stock units will vest evenly over three years on March 12, 2027, March 12, 2028 and March 12, 2029. All such vests assume continued employment through the applicable vest date.
FAQ
What did Sprouts Farmers Market (SFM) CFO Curtis Valentine do in this Form 4?
CFO Curtis Valentine reported a broker-assisted sale of 253 Sprouts Farmers Market shares. The transaction covered withholding taxes from vesting restricted stock units and was mandated by the company’s equity incentive plan, rather than a discretionary open-market trade.
What is the vesting schedule for the Sprouts (SFM) CFO’s restricted stock units?
The filing notes 930 restricted stock units vest on March 19, 2027. Additional units vest in equal installments on September 4, 2026 and 2027, March 12, 2027 and 2028, and across March 12, 2027, 2028, and 2029, contingent on continued employment.
Does this Sprouts (SFM) Form 4 show any remaining equity awards for the CFO?
Yes. Besides common shares, Curtis Valentine holds 7,625 restricted stock units. Each unit represents the right to receive one share of common stock upon vesting, with multiple vesting dates extending from 2026 through 2029, assuming ongoing employment.