Sprouts CEO exercises options, sells 21,576 shares
Sprouts Farmers Market CEO Jack Sinclair reported an exercise-and-sell transaction in company stock.
Rhea-AI Filing Summary
Sprouts Farmers Market CEO Jack Sinclair reported an exercise-and-sell transaction in company stock. On July 6–7, 2026, he exercised stock options to acquire a total of 21,576 shares of common stock at an exercise price of $16.47 per share and sold the same number of shares in open-market transactions at weighted average prices of $87.4086 and $84.8716 per share, respectively. The sales were made pursuant to a Rule 10b5-1 trading plan, indicating they were pre-scheduled. Following these transactions, he directly holds 269,980 shares of common stock, consisting of 231,284 shares and 38,696 restricted stock units with vesting dates between March 19, 2027 and March 12, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 21,576 shares ($1.50M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Sinclair Jack
Role
Chief Executive Officer
Sold
21,576 shs ($1.86M)
Approx. gross sale proceeds
$1.86M
Approx. exercise cost
$355K
Approx. pre-tax spread
$1.50M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 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 | 10,788 | $84.8716 | $916K |
| Exercise | Stock Option (right to buy) | 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 | 10,788 | $87.4086 | $943K |
Holdings After Transaction:
Stock Option (right to buy) — 86,304 contracts (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 $86.11 to $90.67 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 $83.82 to $88.53 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
Shares sold: 21,576 shares
Sale prices: $87.4086 and $84.8716 per share
Option exercise price: $16.47 per share
+4 more
7 metrics
Shares sold
21,576 shares
Total common shares sold in open-market transactions on July 6–7, 2026
Sale prices
$87.4086 and $84.8716 per share
Weighted average sale prices on July 6 and July 7, 2026
Option exercise price
$16.47 per share
Exercise price for stock options converted into 21,576 common shares
Shares held after
269,980 shares/units
Direct holdings after transactions, including common shares and RSUs
Common shares held
231,284 shares
Directly held Sprouts Farmers Market common stock after transactions
Restricted stock units
38,696 RSUs
Unvested RSUs scheduled to vest from March 2027 through March 2029
Options remaining in grant
86,304 options
Stock options (right to buy) remaining after exercises, expiring March 9, 2027
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average price, Stock Option (right to buy), +1 more
5 terms
Rule 10b5-1 trading plan financial
"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
"Stock Option (right to buy) ... underlying security title Common Stock."
presently exercisable financial
"All such options are presently exercisable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SFM CEO Jack Sinclair report on this Form 4?
Jack Sinclair reported exercising options for 21,576 Sprouts Farmers Market shares and selling 21,576 shares in open-market trades. The options had a $16.47 exercise price, while sales occurred at weighted average prices of $87.4086 and $84.8716 per share over July 6–7, 2026.
What stock options did the SFM CEO exercise in this Form 4 filing?
He exercised stock options covering 21,576 underlying common shares at a $16.47 exercise price. These were reported as two 10,788-share option exercises on July 6 and July 7, 2026, tied to options expiring on March 9, 2027, that were described as presently exercisable.
What restricted stock units does the Sprouts Farmers Market CEO hold and when do they vest?
He holds 38,696 restricted stock units in total. These comprise 7,597 units vesting March 19, 2027; 7,882 units vesting evenly on March 12, 2027 and March 12, 2028; and 23,217 units vesting evenly on March 12, 2027, March 12, 2028, and March 12, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
