Sprouts Farmers Market (SFM) CHRO sells 737 shares to cover taxes
Rhea-AI Filing Summary
Sprouts Farmers Market, Inc. Chief Human Resources Officer Timmi Zalatoris reported two open-market sales totaling 737 shares of common stock, at prices of $78.52 and $83.9715 per share. According to the disclosure, these were broker-assisted sales executed solely to cover withholding taxes due on recently vested restricted stock units under the company’s equity incentive plan and did not represent discretionary trading decisions.
After these transactions, Zalatoris holds 13,045 equity-based units, consisting of 9,754 shares of common stock and 3,291 restricted stock units. The units include 736 RSUs scheduled to vest on March 19, 2027, 647 RSUs vesting evenly on March 12, 2027 and March 12, 2028, and 1,908 RSUs vesting evenly on March 12, 2027, March 12, 2028 and March 12, 2029, all contingent on continued employment.
Positive
- None.
Negative
- None.
FAQ
What insider activity did Sprouts Farmers Market (SFM) report for Timmi Zalatoris?
How many Sprouts Farmers Market (SFM) shares did Timmi Zalatoris sell and at what prices?
Why did Sprouts Farmers Market (SFM) CHRO Timmi Zalatoris sell shares?
What are Timmi Zalatoris’s remaining holdings in Sprouts Farmers Market (SFM) after these sales?
What is the vesting schedule for Timmi Zalatoris’s Sprouts Farmers Market (SFM) restricted stock units?
Were Timmi Zalatoris’s Sprouts Farmers Market (SFM) stock sales discretionary trades?