Sprouts (SFM) Form 4: Kim Coffin Disposes 651 Shares; RSU Vesting Details

Rhea-AI Filing Summary

Kim Coffin, Senior Vice President and "Chief Forager" at Sprouts Farmers Market (SFM), reported a sale of 651 shares of common stock on 08/28/2025 at a price of $141.58 per share. After the reported transaction, the filing shows beneficial ownership of 11,235 shares, comprised of 6,729 vested shares and 4,506 restricted stock units (RSUs).

The RSUs have staggered vesting: 1,079 RSUs on Mar 14, 2026; 1,478 RSUs vesting evenly on Mar 19, 2026 and Mar 19, 2027; and 1,949 RSUs vesting evenly on Mar 12, 2026, Mar 12, 2027 and Mar 12, 2028, each contingent on continued employment. The form was signed by an attorney-in-fact on 08/29/2025.

Positive

• Complete disclosure of the sale transaction including date, price, and number of shares sold
• Detailed RSU vesting schedule is provided, clarifying when restricted units convert to shares
• Post-transaction beneficial ownership is explicitly stated (11,235 units)

Negative

• None.

Insights

Financial Analyst

TL;DR: Officer sale of 651 shares noted; remaining holdings include vested shares and time-based RSUs with multi-year vesting.

The Form 4 documents a routine sale by an executive, reducing direct holdings by 651 shares at $141.58 each. The filing also clarifies total beneficial ownership of 11,235 units, a mix of vested shares and 4,506 RSUs with detailed vesting dates through 2028. From a financial perspective, the disclosed transaction and the RSU schedule provide transparency on potential future share issuance and insider alignment with company performance, but the filing contains no information about the motivation for the sale or its proportion relative to total compensation.

Corporate Governance Expert

TL;DR: Disclosure is complete on holdings and vesting; transaction appears properly reported under Section 16.

The Form 4 includes required details: transaction date, price, number sold, and post-transaction beneficial ownership broken down into shares and RSUs with specific vest dates. The inclusion of vesting schedules and the attorney-in-fact signature indicates procedural compliance. The filing does not state whether the sale was pre-arranged under a 10b5-1 plan and contains no indication of other governance concerns.

SEC Form 4

FORM 4

UNITED 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^*

Coffin Kim

(Last) (First) (Middle)

5455 EAST HIGH STREET, SUITE 111

(Street)

PHOENIX AZ 85054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sprouts Farmers Market, Inc. [ SFM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Forager

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	08/28/2025		S		651	D	$141.58	11,235(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 6,729 shares of common stock and 4,506 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,079 restricted stock units will vest on March 14, 2026, 1,478 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027 and 1,949 restricted stock units will vest evenly over three years on March 12, 2026, March 12, 2027 and March 12, 2028. All such vests assume continued employment through the applicable vest date.

Remarks:

	/s/ Brandon F. Lombardi, Attorney-in-Fact for Kim Coffin	08/29/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did Kim Coffin report on Form 4 for SFM?

The Form 4 reports a sale of 651 shares of Sprouts Farmers Market (SFM) common stock on 08/28/2025 at $141.58 per share.

How many Sprouts (SFM) shares does Kim Coffin beneficially own after the sale?

After the reported transaction, Kim Coffin beneficially owns 11,235 units, consisting of 6,729 shares and 4,506 restricted stock units.

When do the restricted stock units (RSUs) held by Kim Coffin vest?

The RSUs vest on specified dates: 1,079 on Mar 14, 2026; 1,478 split Mar 19, 2026 and Mar 19, 2027; and 1,949 split Mar 12, 2026, Mar 12, 2027 and Mar 12, 2028.

Who signed the Form 4 filing for Kim Coffin and when?

The Form 4 was signed by Brandon F. Lombardi, Attorney-in-Fact for Kim Coffin on 08/29/2025.

Does the Form 4 state whether the sale was under a 10b5-1 plan?

The filing does not indicate whether the transaction was made pursuant to a 10b5-1 plan.