Sprouts Farmers Market (SFM) director granted 2,894 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JHAWAR ANDREW reported acquisition or exercise transactions in this Form 4 filing.
Sprouts Farmers Market, Inc. director Andrew Jhawar received a grant of 2,894 restricted stock units of common stock. Each unit represents one share that will be delivered when it vests.
The restricted stock units vest on June 4, 2027, assuming Mr. Jhawar continues his service through that date, and his directly held position reported in this filing is 2,894 shares following the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JHAWAR ANDREW
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 2,894 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 2,894 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,894 units
Grant price per share: $0.0000 per share
Shares after transaction: 2,894 shares
+1 more
4 metrics
RSUs granted
2,894 units
Restricted stock units granted to director Andrew Jhawar
Grant price per share
$0.0000 per share
Equity compensation, not open-market purchase
Shares after transaction
2,894 shares
Direct holdings following the RSU grant
Vesting date
June 4, 2027
RSUs vest assuming continued service through this date
Key Terms
restricted stock units, vesting, grant, award, or other acquisition
3 terms
restricted stock units financial
"Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"These restricted stock units will vest on June 4, 2027, assuming continued service through such vest date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Sprouts Farmers Market (SFM) report for Andrew Jhawar?
Sprouts Farmers Market reported that director Andrew Jhawar received a grant of 2,894 restricted stock units. Each unit represents the right to receive one share of common stock upon vesting, reflecting equity-based compensation rather than an open-market stock purchase.
When do Andrew Jhawar’s Sprouts Farmers Market (SFM) restricted stock units vest?
Andrew Jhawar’s restricted stock units are scheduled to vest on June 4, 2027. Vesting requires his continued service through that date, at which time each vested unit will convert into one share of Sprouts Farmers Market common stock according to the award terms.
Was Andrew Jhawar’s Sprouts Farmers Market (SFM) transaction an open-market stock purchase?
No, the transaction was a grant of restricted stock units, not an open-market purchase. The Form 4 identifies the code as a grant, award, or other acquisition, with a price of $0.0000 per share, indicating equity compensation rather than cash-paid buying activity.
What is Andrew Jhawar’s direct Sprouts Farmers Market (SFM) holding after this Form 4 transaction?
Following the reported transaction, Andrew Jhawar’s directly held position is 2,894 shares. This total matches the number of restricted stock units granted, reflecting his equity stake from this compensation award as disclosed in the filing’s post-transaction ownership figure.