J. Scott Neal - 03 Dec 2025 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role: Chief Merchandising Officer
Signature: /s/ Brandon F. Lombardi, Attorney-in-Fact for J. Scott Neal
Issuer symbol: SFM
Transactions as of: 03 Dec 2025
Net transactions value: -$851,990
Form type: 4
Filing time: 05 Dec 2025, 18:07:46 UTC
Previous filing: 16 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Neal John Scott	Chief Merchandising Officer	5455 EAST HIGH STREET, SUITE 111, PHOENIX	/s/ Brandon F. Lombardi, Attorney-in-Fact for J. Scott Neal	05 Dec 2025	0001867641

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	$457,888	+14,550	+103%	$31.47	28,728	03 Dec 2025	Direct
transaction	SFM	Common Stock, par value $0.001 per share	Sale	$1,239,490	-14,550	-51%	$85.19	14,178	03 Dec 2025	Direct	F1
transaction	SFM	Common Stock, par value $0.001 per share	Options Exercise	$178,619	+2,921	+21%	$61.15	17,099	03 Dec 2025	Direct
transaction	SFM	Common Stock, par value $0.001 per share	Sale	$249,008	-2,921	-17%	$85.25	14,178	03 Dec 2025	Direct	F2, F3

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	-14,550	-100%	$0.000000	0	03 Dec 2025	Common Stock, par value $0.001 per share	14,550	$31.47	Direct	F4
transaction	SFM	Stock Option (right to buy)	Options Exercise	$0	-2,921	-33%	$0.000000	5,840	03 Dec 2025	Common Stock, par value $0.001 per share	2,921	$61.15	Direct	F5

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

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.31 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.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.240 to $85.295 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	Includes 8,561 shares of common stock and 5,617 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,626 restricted stock units will vest on March 14, 2026, 2,228 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027 and 1,763 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.
F4	All such options are presently exercisable.
F5	The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable over two years, with one-half vesting on March 19, 2026 and one-half vesting on March 19, 2027, assuming continued employment through the applicable vest date.