STOCK TITAN

Sprouts Farmers Market (NASDAQ: SFM) CEO sells 21,576 shares under trading plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sprouts Farmers Market, Inc. CEO Jack Sinclair exercised stock options for 10,788 shares on each of August 3 and 4, 2026 at an exercise price of $16.4700 per share, acquiring 21,576 common shares. He then sold 10,788 shares on each date at weighted average prices of $89.3360 and $86.7968, respectively, in transactions pursuant to a Rule 10b5-1 trading plan. Following these trades he holds 231,284 shares of common stock and 38,696 restricted stock units with vesting dates between March 2027 and March 2029.

Positive

  • None.

Negative

  • None.
Insider Sinclair Jack
Role Chief Executive Officer
Sold 21,576 shs ($1.90M)
Approx. gross sale proceeds $1.90M
Approx. exercise cost $355K
Approx. pre-tax spread $1.54M
Type Security Shares Price Value
Exercise Stock Option (right to buy) F5 10,788 $0.00 $0.00
Exercise Common Stock, par value $0.001 per share 10,788 $16.47 $178K
Sale Common Stock, par value $0.001 per share F1, F3, F4 10,788 $86.7968 $936K
Exercise Stock Option (right to buy) F5 10,788 $0.00 $0.00
Exercise Common Stock, par value $0.001 per share 10,788 $16.47 $178K
Sale Common Stock, par value $0.001 per share F1, F2 10,788 $89.336 $964K
Holdings After Transaction: Stock Option (right to buy) — 64,728 shares (Direct); Common Stock, par value $0.001 per share — 269,980 shares (Direct)
Footnotes (5)
  1. F1. This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.44 to $90.56 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.70 to $88.27 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. F4. Includes 231,284 shares of common stock and 38,696 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 7,597 restricted stock units will vest on March 19, 2027, 7,882 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 23,217 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.
  5. F5. All such options are presently exercisable.
Options exercised (Aug 3, 2026) 10,788 shares at $16.4700 per share Stock options exercised and converted into common stock on August 3, 2026
Options exercised (Aug 4, 2026) 10,788 shares at $16.4700 per share Stock options exercised and converted into common stock on August 4, 2026
Shares sold (Aug 3, 2026) 10,788 shares at $89.3360 per share Common stock sold at a weighted average price in multiple trades on August 3, 2026
Shares sold (Aug 4, 2026) 10,788 shares at $86.7968 per share Common stock sold at a weighted average price in multiple trades on August 4, 2026
Common shares held 231,284 shares Common stock beneficially owned after the August 4, 2026 transactions
Restricted stock units outstanding 38,696 units RSUs scheduled to vest between March 19, 2027 and March 12, 2029, subject to continued employment
Rule 10b5-1 trading plan regulatory
"This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Includes 231,284 shares of common stock and 38,696 restricted stock units."
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.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (right to buy) financial
"Security title reported as Stock Option (right to buy)."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did SFM CEO Jack Sinclair report in this Form 4?

Jack Sinclair reported exercising options for 21,576 shares and selling the same number of Sprouts Farmers Market (SFM) shares. The transactions occurred on August 3 and 4, 2026, combining option exercises with same-day open-market sales.

How many Sprouts Farmers Market (SFM) shares did Jack Sinclair sell and at what prices?

He sold 10,788 shares on each of August 3 and 4, 2026. The Form 4 shows weighted average prices of $89.3360 on August 3 and $86.7968 on August 4, with each sale executed in multiple transactions within stated price ranges.

At what price did SFM’s CEO exercise his stock options in this filing?

Jack Sinclair exercised stock options covering 10,788 shares on each of two days at an exercise price of $16.4700 per share. These options were reported as presently exercisable and converted into common stock before the related open-market sales.

Were Jack Sinclair’s SFM share sales made under a Rule 10b5-1 trading plan?

Yes. The Form 4 and footnotes state that the reported sales were pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. This indicates the trades followed a pre-established, disclosed trading arrangement.

How many Sprouts Farmers Market (SFM) shares and RSUs does Jack Sinclair hold after these trades?

After the reported transactions, Jack Sinclair holds 231,284 shares of common stock and 38,696 restricted stock units. The RSUs are scheduled to vest between March 2027 and March 2029, assuming continued employment through the applicable vesting dates.

What future vesting schedule is disclosed for Jack Sinclair’s SFM restricted stock units?

The filing notes 7,597 RSUs vesting on March 19, 2027, 7,882 RSUs vesting evenly on March 12, 2027 and March 12, 2028, and 23,217 RSUs vesting evenly on March 12 of 2027, 2028, and 2029, subject to continued employment.
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).
X
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*
Sinclair Jack

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
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 share08/03/2026M10,788A$16.47280,768D
Common Stock, par value $0.001 per share08/03/2026S(1)10,788D$89.336(2)269,980D
Common Stock, par value $0.001 per share08/04/2026M10,788A$16.47280,768D
Common Stock, par value $0.001 per share08/04/2026S(1)10,788D$86.7968(3)269,980(4)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
Stock Option (right to buy)$16.4708/03/2026M10,788 (5)03/09/2027Common Stock, par value $0.001 per share10,788$075,516D
Stock Option (right to buy)$16.4708/04/2026M10,788 (5)03/09/2027Common Stock, par value $0.001 per share10,788$064,728D
Explanation of Responses:
1. This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.44 to $90.56 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.70 to $88.27 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. Includes 231,284 shares of common stock and 38,696 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 7,597 restricted stock units will vest on March 19, 2027, 7,882 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 23,217 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.
5. All such options are presently exercisable.
Remarks:
/s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair08/05/2026
** 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)