Sprouts Farmers Market (NASDAQ: SFM) legal chief sells 406 shares

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sprouts Farmers Market Chief Legal Officer Brandon F. Lombardi sold 406 shares of common stock in an open-market transaction. The weighted average sale price was $82.0372 per share, with individual trades between $82.02 and $82.08. Following this sale, he holds 6,801 restricted stock units, which are scheduled to vest between March 2027 and March 2029, assuming continued employment.

Insider Trade Summary

Net Seller: 406 shares ($33,307)

Net Sell 1 txn

Insider Lombardi Brandon F.

Role Chief Legal Officer

Sold 406 shs ($33K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.001 per share	406	$82.0372	$33K

Holdings After Transaction: Common Stock, par value $0.001 per share — 6,801 shares (Direct, null)

Footnotes (1)

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.02 to $82.08 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. Includes 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.

Key Figures

Shares sold: 406 shares Weighted average sale price: $82.0372 per share Post-transaction restricted stock units: 6,801 units +4 more

7 metrics

Shares sold 406 shares Open-market sale on May 1, 2026

Weighted average sale price $82.0372 per share Common stock sale

Post-transaction restricted stock units 6,801 units Equity holdings following sale

RSUs vesting on March 19, 2027 703 units Single vesting date, employment required

RSUs vesting over two years 1,545 units Even vesting on March 12, 2027 and March 12, 2028

RSUs vesting over three years 4,553 units Even vesting on March 12, 2027, 2028, and 2029

Sale price range $82.02–$82.08 per share Multiple transactions within this range

Key Terms

open-market sale, restricted stock units, weighted average price, vesting

4 terms

open-market sale financial

"The transaction is described as an open-market sale of common stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

restricted stock units financial

"Includes 6,801 restricted stock units. Each restricted stock unit represents the right to receive one share."

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.

vesting financial

"Restricted stock units will vest on specified dates, assuming continued employment."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 06:24 PM

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^*

Lombardi Brandon F.

(Last)

(First)

(Middle)

5455 EAST HIGH STREET

SUITE 111

(Street)

PHOENIX

ARIZONA

85054

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.001 per share	05/01/2026		S		406	D	$82.0372⁽¹⁾	6,801⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.02 to $82.08 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.

2. Includes 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.

Remarks:

	/s/ Brandon F. Lombardi	05/01/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sprouts Farmers Market (SFM) report for Brandon F. Lombardi?

Sprouts Farmers Market reported that Chief Legal Officer Brandon F. Lombardi sold 406 shares of common stock in an open-market transaction. The filing describes this as a routine Form 4 sale rather than a large position change or new grant event.

At what price did Brandon F. Lombardi sell Sprouts Farmers Market (SFM) shares?

The 406 Sprouts shares were sold at a weighted average price of $82.0372 per share. Individual trades occurred in a narrow range between $82.02 and $82.08, according to the Form 4 footnote describing the pricing details.

How many Sprouts Farmers Market (SFM) units does Brandon F. Lombardi hold after this sale?

After the transaction, Brandon F. Lombardi holds 6,801 restricted stock units. Each unit represents the right to receive one Sprouts common share upon vesting, providing ongoing equity exposure despite the relatively small open-market sale reported.

When will Brandon F. Lombardi’s Sprouts Farmers Market (SFM) restricted stock units vest?

Of the 6,801 restricted stock units, 703 are scheduled to vest on March 19, 2027. Additional units vest evenly on March 12, 2027 and 2028, and further tranches vest on March 12, 2027, 2028, and 2029, contingent on continued employment.

What is the nature of Brandon F. Lombardi’s Sprouts Farmers Market (SFM) Form 4 transaction?

The Form 4 shows an open-market sale of common stock by Brandon F. Lombardi. It is coded as a sale transaction (code “S”), indicating a direct disposition of shares rather than an option exercise, tax withholding, or gift-related movement.

How large is Brandon F. Lombardi’s Sprouts Farmers Market (SFM) sale compared to his holdings?

The reported sale covers 406 shares, while he retains 6,801 restricted stock units. This indicates that the disclosed transaction represents a relatively small portion of his overall equity-based position tied to Sprouts Farmers Market stock.