Jack Sinclair - Jun 16, 2025 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Chief Executive Officer, Director
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair
Stock symbol
SFM
Transactions as of
Jun 16, 2025
Transactions value $
-$1,171,573
Form type
4
Date filed
6/17/2025, 07:33 PM
Previous filing
Jun 13, 2025
Next filing
Jul 9, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sinclair Jack Chief Executive Officer, Director 5455 EAST HIGH STREET, SUITE 111, PHOENIX /s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair 2025-06-17 0001719121

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 Options Exercise $66.8K +4.05K +2.32% $16.47 179K Jun 16, 2025 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$650K -4.05K -2.27% $160.45 175K Jun 16, 2025 Direct F1, F2
transaction SFM Common Stock, par value $0.001 per share Options Exercise $66.6K +4.05K +2.31% $16.47 179K Jun 17, 2025 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$655K -4.05K -2.26% $161.81 175K Jun 17, 2025 Direct F1, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFM Stock Option (right to buy) Options Exercise $0 -4.05K -2.39% $0.00 166K Jun 16, 2025 Common Stock, par value $0.001 per share 4.05K $16.47 Direct F5
transaction SFM Stock Option (right to buy) Options Exercise $0 -4.05K -2.44% $0.00 162K Jun 17, 2025 Common Stock, par value $0.001 per share 4.05K $16.47 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.390 to $162.095 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.015 to $164.370 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.
F4 Includes 136,167 shares of common stock and 38,573 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 11,556 restricted stock units will vest on March 14, 2026, 15,194 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027 and 11,823 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.
F5 All such options are presently exercisable.