Sprouts SVP awarded stock, sells shares for taxes

Sprouts Farmers Market, Inc. executive Kim Coffin, SVP and Chief Forager, reported a new stock award and a small related share sale.

Accepted by SEC EDGAR 03/16/2026 - 07:13 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Sprouts Farmers Market, Inc. executive Kim Coffin, SVP and Chief Forager, reported a new stock award and a small related share sale. On March 12, 2026, Coffin received 3,902 restricted stock units, each convertible into one common share, vesting in equal installments on March 12, 2027, 2028, and 2029, assuming continued employment. On March 13, 2026, a broker-assisted sale of 209 shares at $79.3798 per share was executed to cover withholding taxes triggered by RSU vesting under the company’s equity plan, which the filing notes was not a discretionary trade. Following these transactions, Coffin directly holds 14,928 shares of common stock and also has 2,777 additional restricted stock units scheduled to vest over 2026–2028.

Insights

Equity compensation analyst

Routine stock grant with tax-driven share sale; weak trading signal.

The filing shows Kim Coffin receiving 3,902 restricted stock units as part of equity compensation and a small sale of 209 shares tied to tax withholding. The award vests annually from 2027 through 2029, reinforcing a multi-year retention structure.

The sale is explicitly described as a broker-assisted transaction mandated by the equity plan to satisfy tax obligations upon RSU vesting, not a discretionary market trade. That makes it a weak indicator of Coffin’s view on Sprouts Farmers Market stock, especially given the modest size relative to total holdings.

After these transactions, Coffin directly owns 14,928 common shares plus 2,777 restricted stock units that vest in tranches through 2028. This combination of current ownership and unvested awards underscores ongoing exposure to the company’s equity rather than a significant reduction.

Insider Trade Summary

Net Seller: 209 shares

Net Sell 2 txns

Insider Coffin Kim

Role SVP, Chief Forager

Sold 209 shs ($17K)

Share of Position Sold 1.4%

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.001 per share	209	$79.3798	$17K
Grant/Award	Common Stock, par value $0.001 per share	3,902	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.001 per share — 14,928 shares (Direct)

Holdings Before and After: Common Stock, par value $0.001 per share, 11,235 to 14,928 shares (Direct)

Other Insiders: 10 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (3)

1. 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.
2. 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.
3. F3. Includes, in addition to the 3,902 shares described in Note (1), 8,249 shares of common stock and 2,777 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,478 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, and 1,299 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Sprouts Farmers Market (SFM) report for Kim Coffin?

The filing shows Kim Coffin receiving 3,902 restricted stock units on March 12, 2026, and a broker-assisted sale of 209 common shares on March 13, 2026, executed solely to cover tax withholding from RSU vesting under the company’s equity incentive plan.

How many restricted stock units did SFM grant to Kim Coffin and how do they vest?

Kim Coffin was granted 3,902 restricted stock units, each equal to one common share. These RSUs vest in three equal installments on March 12, 2027, March 12, 2028, and March 12, 2029, contingent on Coffin’s continued employment through each applicable vesting date.

Why did Kim Coffin sell 209 shares of Sprouts Farmers Market stock?

The 209-share sale was a broker-assisted transaction to satisfy withholding tax obligations arising from the vesting of restricted stock units. According to the disclosure, this sale was mandated by the company’s equity plan and does not represent a discretionary trading decision by Coffin.

What are Kim Coffin’s holdings in Sprouts Farmers Market after these Form 4 transactions?

After the reported transactions, Kim Coffin directly owns 14,928 shares of Sprouts Farmers Market common stock. In addition, Coffin holds 2,777 unvested restricted stock units that will convert into common shares as they vest over scheduled dates through 2028, subject to continued employment.

What future vesting schedule applies to Kim Coffin’s remaining restricted stock units at SFM?

The filing notes 2,777 remaining restricted stock units. Of these, 1,478 vest evenly on March 19, 2026 and March 19, 2027, and 1,299 vest evenly on March 12, 2027 and March 12, 2028, assuming Coffin remains employed through each vesting date.

Does Kim Coffin’s Form 4 indicate a significant sell-off of SFM shares?

No large discretionary sale is reported. The only disposition is a 209-share broker-assisted sale specifically to cover tax withholding from RSU vesting. Coffin retains 14,928 common shares plus unvested RSUs, indicating continued meaningful equity exposure to Sprouts Farmers Market.

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

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SEC Form 4

FORM 4

UNITED 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).

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^*

Coffin Kim

(Last) (First) (Middle)

5455 EAST HIGH STREET, SUITE 111

(Street)

PHOENIX AZ 85054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sprouts Farmers Market, Inc. [ SFM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Forager

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share(1)	03/12/2026		A		3,902	A	$0	15,137	D
Common Stock, par value $0.001 per share	03/13/2026		S(2)		209	D	$79.3798	14,928(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. Includes, in addition to the 3,902 shares described in Note (1), 8,249 shares of common stock and 2,777 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,478 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027, and 1,299 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.

Remarks:

	/s/ Brandon F. Lombardi, Attorney-in-Fact for Kim Coffin	03/16/2026
	** Signature of Reporting Person	Date
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.
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