STOCK TITAN

Sprouts Farmers Market (SFM) SVP sells shares for RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sprouts Farmers Market, Inc. senior vice president and Chief Forager Kim Coffin reported an open-market sale of 467 shares of common stock on March 18, 2026 at an average price of $83.4951 per share. According to the footnote, this broker-assisted sale was made solely to satisfy withholding tax owed upon the vesting of restricted stock units under the company’s equity incentive plan and did not represent a discretionary trade.

After this tax-related sale, Coffin directly holds 23,645 shares of common stock, including 6,679 restricted stock units. The footnotes explain that these restricted stock units are scheduled to vest in tranches between March 2026 and March 2029, subject to continued employment through each vesting date.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Coffin Kim

(Last)(First)(Middle)
5455 EAST HIGH STREET, SUITE 111

(Street)
PHOENIX ARIZONA 85054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sprouts Farmers Market, Inc. [ SFM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Forager
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share03/18/2026S(1)467D$83.495123,645(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Includes 16,966 shares of common stock and 6,679 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,478 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 1,299 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 3,902 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.
Remarks:
/s/ Brandon F. Lombardi, Attorney-in-Fact for Kim Coffin03/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sprouts Farmers Market (SFM) report for Kim Coffin?

Sprouts Farmers Market reported that SVP and Chief Forager Kim Coffin sold 467 shares of common stock on March 18, 2026 at an average price of $83.4951 per share. This was disclosed as an open-market sale in a Form 4 insider filing.

Why did Kim Coffin sell Sprouts Farmers Market (SFM) shares in this Form 4?

The shares were sold to cover withholding tax triggered by vesting restricted stock units. A broker-assisted sale was mandated under the company’s equity incentive plan, and the filing states the transaction did not represent a discretionary trade by Coffin.

How many Sprouts Farmers Market (SFM) shares does Kim Coffin hold after the reported sale?

After the March 18, 2026 sale, Kim Coffin holds 23,645 shares of Sprouts Farmers Market common stock. This total includes 16,966 shares and 6,679 restricted stock units that each convert into one share of common stock upon vesting.

What restricted stock unit vesting schedule is disclosed for Kim Coffin at Sprouts Farmers Market (SFM)?

The filing notes 1,478 restricted stock units vest evenly on March 19, 2026 and March 19, 2027, 1,299 vest evenly on March 12, 2027 and March 12, 2028, and 3,902 vest evenly on March 12, 2027, March 12, 2028 and March 12, 2029, assuming continued employment.

Is Kim Coffin’s Sprouts Farmers Market (SFM) share sale considered a routine tax withholding event?

Yes. The footnote explains the transaction was a broker-assisted sale required to satisfy withholding tax liability from restricted stock unit vesting. It specifies the sale was mandated by plan documents and does not represent a discretionary trading decision by Coffin.

What role does Kim Coffin hold at Sprouts Farmers Market (SFM) in this Form 4?

Kim Coffin is identified as an officer of Sprouts Farmers Market, serving as Senior Vice President and Chief Forager. This role designation appears in the Form 4, clarifying that the reported transaction involves an executive-level insider at the company.
Sprouts Farmers

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