Sprouts Farmers Market (NASDAQ: SFM) CEO sells 21,576 shares under trading plan
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 Trade Summary 10b5-1
Exercise and Sale: 21,576 shares ($1.54M approx. pre-tax spread)
Exercise and Sale
6 txns
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)
- F1. This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- 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.
- 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.
- 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.
- F5. All such options are presently exercisable.
Key Figures
Options exercised (Aug 3, 2026): 10,788 shares at $16.4700 per share
Options exercised (Aug 4, 2026): 10,788 shares at $16.4700 per share
Shares sold (Aug 3, 2026): 10,788 shares at $89.3360 per share
+3 more
6 metrics
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
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average price, Stock Option (right to buy)
4 terms
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.
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.
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.
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.