Sprouts (SFM) CHRO granted RSUs and options, sells 104 shares for tax
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
| 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 | $0.00 |
| Grant/Award | Common Stock, par value $0.001 per share | 1,908 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
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