Sprouts (SFM) CFO gets 8,320 shares, sells portion for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprouts Farmers Market Chief Financial Officer Curtis Valentine reported compensation-related stock activity. On March 14, 2026, Valentine received 8,320 shares of common stock from performance share awards that vested after the company’s 2025 goals were certified at the 200% level.
On March 16, 2026, 2,268 shares were sold at an average price of $80.82 per share in a broker-assisted transaction to pay withholding taxes triggered by the vesting. The footnotes state this sale was mandated under the equity plan and was not a discretionary trade. After these transactions, Valentine directly holds 20,847 common shares, along with additional unvested restricted stock units scheduled to vest over future years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,268 shares ($183,308)
Net Sell
2 txns
Insider
Valentine Curtis
Role
Chief Financial Officer
Sold
2,268 shs ($183K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 2,268 | $80.8238 | $183K |
| Grant/Award | Common Stock, par value $0.001 per share | 8,320 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 20,847 shares (Direct)
Footnotes (1)
- On March 14, 2023, the reporting person was granted performance share awards covering 4,160 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of 2025 performance goals as certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria for fiscal 2025 by the Issuer's compensation committee at the 200% performance level, 8,320 shares vested on March 14, 2026. This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of performance share awards, 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 12,292 shares of common stock and 8,555 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,860 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, 1,624 restricted stock units will vest evenly over two years on September 4, 2026 and September 4, 2027, 1,285 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 3,786 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 transactions did Sprouts Farmers Market (SFM) CFO Curtis Valentine report?
Curtis Valentine reported a share grant and a related tax sale. He received 8,320 common shares from vested performance awards, then 2,268 shares were sold in a broker-assisted transaction to cover withholding taxes required under the company’s equity incentive plan.
Was the Sprouts (SFM) CFO’s recent stock sale a discretionary trade?
No, the reported sale was not discretionary. Footnotes explain the broker-assisted sale of 2,268 shares was mandated under Sprouts’ equity incentive plan to cover withholding taxes from vesting performance share awards, rather than a voluntary open-market decision by the CFO.