[Form 4] Sprouts Farmers Market, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprouts Farmers Market, Inc. Chief Legal Officer Brandon F. Lombardi reported an open-market sale of 297 shares of common stock at $83.9715 per share. According to the footnote, this broker-assisted sale was required to cover withholding taxes from vesting restricted stock units and was not a discretionary trade.
After the transaction, Lombardi held 7,207 share-based interests in total, including 406 shares of common stock and 6,801 restricted stock units. The restricted stock units are scheduled to vest between March 2027 and March 2029, assuming continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 297 shares ($24,940)
Net Sell
1 txn
Insider
Lombardi Brandon F.
Role
Chief Legal Officer
Sold
297 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 297 | $83.9715 | $25K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 7,207 shares (Direct)
Footnotes (1)
- 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 406 shares of common stock and 6,801 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 703 restricted stock units will vest on March 19, 2027, 1,545 restricted stock units will vest evenly over two years on March 12, 2027 and March 12, 2028, and 4,553 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.