Brandon F. Lombardi - Mar 20, 2025 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role: Chief Legal Officer
Signature: /s/ Brandon F. Lombardi
Stock symbol: SFM
Transactions as of: Mar 20, 2025
Transactions value $: -$98,996
Form type: 4
Date filed: 3/21/2025, 07:21 PM
Previous filing: Mar 20, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SFM	Common Stock, par value $0.001 per share	Sale	-$99K	-703	-12.28%	$140.82	5.02K	Mar 20, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	A portion of 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.
F2	Includes 5,020 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,296 restricted stock units will vest on March 14, 2026, 1,406 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027 and 2,318 restricted stock units will vest evenly over three years on March 12, 2026, March 12, 2027 and March 12, 2028. All such vests assume continued employment through the applicable vest date.

Content

A portion of 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 5,020 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,296 restricted stock units will vest on March 14, 2026, 1,406 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027 and 2,318 restricted stock units will vest evenly over three years on March 12, 2026, March 12, 2027 and March 12, 2028. All such vests assume continued employment through the applicable vest date.