Sprouts Farmers Market (SFM) SVP sells shares for RSU tax withholding
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 467 shares ($38,992)
Net Sell
1 txn
Insider
Coffin Kim
Role
SVP, Chief Forager
Sold
467 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 467 | $83.4951 | $39K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 23,645 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 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.
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.
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.
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.