STOCK TITAN

Sprouts Farmers Market (SFM) COO logs small tax-driven sale, retains 78,657 units

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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 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)
  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.
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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*
Konat Nicholas

(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)
President & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
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 share03/20/2026S(1)530D$83.971578,657(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 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.
Remarks:
/s/ Brandon F. Lombardi, Attorney-in-Fact for Nicholas Konat03/23/2026
** 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 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.

At what price did Nicholas Konat’s Sprouts Farmers Market (SFM) shares sell?

The 530 Sprouts Farmers Market shares sold by Nicholas Konat were executed at an average price of $83.9715 per share. This transaction was specifically structured to cover tax liabilities tied to vesting restricted stock units, according to the disclosed footnote language.

How many Sprouts Farmers Market (SFM) shares does Nicholas Konat hold after this transaction?

Following the tax-related sale, Nicholas Konat holds 78,657 equity-linked units in Sprouts Farmers Market. This total consists of 67,818 shares of common stock and 10,839 restricted stock units, reflecting his continuing significant ownership and equity-based compensation position with the company.

Why was Nicholas Konat’s Sprouts Farmers Market (SFM) share sale characterized as non-discretionary?

The sale was described as non-discretionary because it was mandated under the company’s equity incentive plan. Shares were sold through a broker-assisted transaction solely to satisfy withholding tax liabilities from restricted stock unit vesting, not as a voluntary portfolio or valuation-based trading decision.

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.