STOCK TITAN

Sprouts Farmers Market (SFM) SVP covers RSU taxes with 313-share sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sprouts Farmers Market SVP Kim Coffin reported a small, non-discretionary share sale tied to tax withholding. On this Form 4, Coffin executed a broker-assisted open-market sale of 313 shares of common stock at $83.9715 per share to satisfy withholding taxes triggered by restricted stock unit (RSU) vesting under the company’s equity incentive plan.

After this transaction, Coffin reports owning 23,332 shares directly, consisting of 17,392 shares of common stock and 5,940 RSUs. The RSUs are scheduled to vest on various dates between March 2027 and March 2029, contingent on continued employment.

Positive

  • None.

Negative

  • None.
Insider Coffin Kim
Role SVP, Chief Forager
Sold 313 shs ($26K)
Type Security Shares Price Value
Sale Common Stock, par value $0.001 per share 313 $83.9715 $26K
Holdings After Transaction: Common Stock, par value $0.001 per share — 23,332 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 17,392 shares of common stock and 5,940 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 739 restricted stock units will vest on March 19, 2027, 1,299 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 3,902 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.
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*
Coffin Kim

(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)
SVP, Chief Forager
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)313D$83.971523,332(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 17,392 shares of common stock and 5,940 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 739 restricted stock units will vest on March 19, 2027, 1,299 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 3,902 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 Kim Coffin03/23/2026
** 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 did Sprouts Farmers Market (SFM) executive Kim Coffin report in this Form 4?

Kim Coffin, an SVP at Sprouts Farmers Market, reported a broker-assisted sale of 313 common shares. The shares were sold at $83.9715 each to cover withholding tax obligations arising from the vesting of restricted stock units, rather than a discretionary market trade.

How many Sprouts Farmers Market (SFM) shares did Kim Coffin sell and at what price?

Kim Coffin sold 313 shares of Sprouts Farmers Market common stock at $83.9715 per share. The transaction was executed as a broker-assisted sale specifically to satisfy tax withholding liabilities associated with recently vested restricted stock units under the company’s equity incentive plan.

Was Kim Coffin’s Sprouts (SFM) share sale a discretionary transaction?

The sale was not discretionary. Footnotes state the 313-share broker-assisted sale was mandated by Sprouts Farmers Market’s equity incentive plan to cover withholding tax from RSU vesting, meaning Coffin did not choose the sale for portfolio or market-timing reasons.

How many Sprouts Farmers Market (SFM) shares and RSUs does Kim Coffin hold after the sale?

Following the transaction, Kim Coffin reports 23,332 shares in total, including 17,392 common shares and 5,940 restricted stock units. Each RSU represents a right to receive one share of common stock upon vesting, assuming continued employment through the respective vesting dates.

When are Kim Coffin’s Sprouts (SFM) restricted stock units scheduled to vest?

Kim Coffin’s RSUs vest over several future dates. Footnotes indicate 739 RSUs vest on March 19, 2027, 1,299 RSUs vest evenly on March 12, 2027 and March 12, 2028, and 3,902 RSUs vest evenly on March 12, 2027, March 12, 2028, and March 12, 2029.

What position does Kim Coffin hold at Sprouts Farmers Market (SFM)?

Kim Coffin serves as Senior Vice President and Chief Forager at Sprouts Farmers Market. This officer role is disclosed in the Form 4 and explains why transactions in company equity, including tax-related RSU sales, must be reported under insider trading disclosure rules.