Sprouts Farmers Market (SFM) COO logs small tax-driven sale, retains 78,657 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprouts Farmers Market, Inc. President & COO Nicholas Konat reported an open-market sale of 530 shares of common stock at an average price of $83.9715 per share on March 20, 2026. According to the filing, this broker-assisted sale was required to cover withholding taxes triggered by the vesting of restricted stock units and was not a discretionary trade.
After this tax-related sale, Konat beneficially owns a total of 78,657 equity-linked units, including 67,818 shares of common stock and 10,839 restricted stock units. The restricted stock units are scheduled to vest in tranches through March 2029, assuming continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 530 shares ($44,505)
Net Sell
1 txn
Insider
Konat Nicholas
Role
President & COO
Sold
530 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 530 | $83.9715 | $45K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 78,657 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 67,818 shares of common stock and 10,839 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,255 restricted stock units will vest on March 19, 2027, 2,429 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 7,155 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 Nicholas Konat?
Sprouts Farmers Market reported that President & COO Nicholas Konat sold 530 shares of common stock. The sale was broker-assisted and conducted to satisfy withholding tax obligations arising from restricted stock unit vesting, rather than representing a discretionary decision to reduce his investment.
What is the vesting schedule for Nicholas Konat’s Sprouts Farmers Market (SFM) restricted stock units?
Konat holds 10,839 restricted stock units with scheduled vesting through March 2029. The filing states that 1,255 units vest on March 19, 2027, 2,429 units vest evenly on March 12, 2027 and March 12, 2028, and 7,155 units vest evenly across March 2027, 2028, and 2029.