Sprouts (NASDAQ: SFM) director receives 2,313 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avula Hari K. reported acquisition or exercise transactions in this Form 4 filing.
Sprouts Farmers Market director Hari K. Avula received a grant of 2,313 restricted stock units, each representing one share of common stock when vested. These units are scheduled to vest on March 12, 2027, assuming continued service. After this grant, Avula holds 12,545 shares and units in total, including 10,232 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Avula Hari K.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 2,313 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 12,545 shares (Direct)
Footnotes (1)
- Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest on March 12, 2027, assuming continued service through such vest date. Includes, in addition to the 2,313 restricted stock units described in Note (1), 10,232 shares of common stock.
FAQ
What insider transaction did Sprouts Farmers Market (SFM) report for Hari K. Avula?
Sprouts Farmers Market reported that director Hari K. Avula received a grant of 2,313 restricted stock units. Each unit represents one share of common stock upon vesting, reflecting a compensation-related equity award rather than an open-market purchase or sale.
When do Hari K. Avula’s 2,313 restricted stock units in Sprouts (SFM) vest?
The 2,313 restricted stock units granted to Hari K. Avula are scheduled to vest on March 12, 2027. Vesting is contingent on his continued service through that date, aligning the award with long-term commitment to Sprouts Farmers Market.
Was Hari K. Avula’s Sprouts (SFM) Form 4 transaction a market buy or sell?
The Form 4 shows a grant or award acquisition, not a market buy or sell. Hari K. Avula received 2,313 restricted stock units as equity compensation, with no reported open-market purchase or sale of Sprouts Farmers Market shares.
What type of security did Hari K. Avula receive from Sprouts Farmers Market (SFM)?
Hari K. Avula received restricted stock units tied to Sprouts Farmers Market common stock. Each restricted stock unit will convert into one share of common stock upon vesting, providing equity-based compensation linked to the company’s long-term performance.