Sprouts (SFM) CHRO granted RSUs and options, sells 104 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprouts Farmers Market Chief Human Resources Officer Timmi Zalatoris reported routine equity compensation and a small tax-related share sale. On March 12, 2026, Zalatoris received 1,908 restricted stock units and 4,618 stock options with a $78.84 exercise price, both vesting in thirds annually from March 12, 2027 through March 12, 2029, subject to continued employment. On March 13, 2026, 104 shares were sold at an average price of $79.3798 in a broker-assisted transaction to cover withholding taxes from RSU vesting, described as non-discretionary. After these transactions, Zalatoris holds 15,067 shares of common stock directly, along with multiple RSU awards scheduled to vest between March 19, 2026 and March 12, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 104 shares ($8,255)
Net Sell
3 txns
Insider
Zalatoris Timmi
Role
Chief Human Resources Officer
Sold
104 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 104 | $79.3798 | $8K |
| Grant/Award | Stock Option (right to buy) | 4,618 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.001 per share | 1,908 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 15,067 shares (Direct);
Stock Option (right to buy) — 4,618 shares (Direct)
Footnotes (1)
- Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 12, 2027; one-third vesting on March 12, 2028; and one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date. 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, in addition to the 1,908 shares described in Note (1), 11,039 shares of common stock and 2,120 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,473 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, and 647 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028. All such vests assume continued employment through the applicable vest date. These options become exercisable over three years, with one-third vesting on March 12, 2027; one-third vesting on March 12, 2028; and the remaining one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date.
FAQ
What insider transactions did SFM executive Timmi Zalatoris report?
Timmi Zalatoris reported a grant of 1,908 restricted stock units, 4,618 stock options at a $78.84 exercise price, and a sale of 104 shares at $79.3798 to cover tax withholding tied to RSU vesting.
What new equity awards did SFM grant to Timmi Zalatoris?
Zalatoris received 1,908 restricted stock units and 4,618 stock options with a $78.84 exercise price. Both awards vest in three equal annual installments beginning March 12, 2027, continuing through March 12, 2029, assuming continued employment.
When will Timmi Zalatoris’s new SFM RSUs and options vest?
The 1,908 new restricted stock units and 4,618 stock options vest over three years, with one-third vesting on March 12, 2027, one-third on March 12, 2028, and one-third on March 12, 2029, contingent on continued employment at each vest date.
What other unvested restricted stock units does SFM’s Timmi Zalatoris hold?
In addition to the 1,908 new RSUs, holdings include 2,120 existing RSUs. Of these, 1,473 vest evenly on March 19, 2026 and March 19, 2027, and 647 vest evenly on March 12, 2027 and March 12, 2028, subject to continued employment.