Jack Sinclair has been at the helm of Sprouts Farmers Market since June 2019, guiding the company through significant growth and changes. Under his leadership, Sprouts has focused on fresh, healthy foods and sustainability in the grocery sector. Before joining...

Jack Sinclair has been at the helm of Sprouts Farmers Market since June 2019, guiding the company through significant growth and changes. Under his leadership, Sprouts has focused on fresh, healthy foods and sustainability in the grocery sector. Before joining Sprouts, Jack served as CEO of 99 Cents Only Stores and was instrumental at Walmart, where he managed the grocery division for over 4,000 stores. His experience also includes senior roles at Safeway in the UK. With a strong commitment to enhancing food accessibility and sustainability, Sinclair leads with a clear vision of making Sprouts a leader in the fresh grocery market. In 2023, his total compensation was about $9.13 million, consisting mainly of his salary and stock awards that reflect the company's performance, though he didn't achieve a cash bonus due to unmet targets. Jack is also active in the broader food industry, serving on the board of FMI - The Food Industry Association and has been involved with the Federal Reserve Bank of San Francisco.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Sprouts Farmers Market CEOs

S

Jack Sinclair

CEO of Sprouts Farmers Market

Education

Not specified

Sector of Economy

Consumer Defensive

Born

January 1, 1961 - 64 years ago

CEO of Sprouts Farmers Market for

5 years 8 months (Aug 2019 - Present)

Previous Experience

Not specified

Rivals

Competitors/colleagues of Jack Sinclair

V

Russell Diez-Canseco

CEO of Vital Farms

2023 Compensation

Stock

$0.00

Salary

$686.54K

Bonus

$560.01K

Other

$18.63K

Total Holdings

$23.33M

Holdings

See how much did Jack Sinclair make over time.

Jack Sinclair has engaged in notable buying and selling of Sprouts shares since 2019. His trading activities reflect a significant investment in the company, with his holdings reaching over $22 million in value as of last year. The peak was...

Jack Sinclair has engaged in notable buying and selling of Sprouts shares since 2019. His trading activities reflect a significant investment in the company, with his holdings reaching over $22 million in value as of last year. The peak was in August 2024 when his share value hit an impressive $22.51 million. This level of commitment is important as it shows Sinclair's belief in the future success of Sprouts. His sales over the years also indicate strategic moves that could align with his overall financial plans, especially as they relate to the grocery industry's evolving landscape. Investors watch his trading pattern closely as it provides insight into his confidence in the brand. As of his current holdings, he owns stock worth approximately $21.86 million.

Total Stock Sold

$40.96M

SFM

$40.96M

646,394 SFM shares

What if they kept their stock?

If Jack Sinclair didn't sell their stock, today they would have:
Extra SFM646,394 shares worth $12.43M.
This is -69.66% and $28.53M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Jack Sinclair.

SFM

$447.84K

SFM at $139.43/share

Mar 20, 2025

Sale

SFM

$7.71M

SFM at $138.37/share

Mar 15, 2025

Sale

SFM

11,823 shares

SFM

Mar 18, 2025

Received

SFM

98,593 shares

SFM

Mar 15, 2025

Received

SFM

$979.67K

SFM at $168.04/share

Feb 5, 2025

Sale

SFM

$1.63M

SFM at $139.49/share

Jan 15, 2025

Sale

SFM

$1.58M

SFM at $137.93/share

Dec 17, 2024

Sale

SFM

$4.48M

SFM at $149.24/share

Dec 12, 2024

Sale

SFM

$1.53M

SFM at $133.97/share

Nov 4, 2024

Sale

SFM

$1.30M

SFM at $113.73/share

Oct 7, 2024

Sale

Compensation History

See how much did Jack Sinclair make over time.

In 2023, Jack Sinclair's overall compensation was reported at around $9.13 million. This comprised a base salary of approximately $1.19 million and significant stock awards valued around $6.42 million. Notably, Sinclair did not receive a bonus this year due to performance metrics not being met, which ties into the company's focus on aligning pay with actual performance. This reflects a strong corporate philosophy, where set targets are crucial for earning bonuses. The structure of Sinclair's compensation underscores the importance of performance in driving stockholder value, as it ties a significant portion of his earnings to how well Sprouts does in the market. His pay strategy highlights a clear message: executive success is directly linked to company success, reinforcing both accountability and incentivization to achieve better results in the challenging grocery sector.

Year

2023

Total Compensation

$9.63M

Salary

$1.19M

Board Justification

The compensation philosophy aligns with company performance, focusing on attracting and retaining talent while rewarding for performance that drives stockholder value.

Bonus

$0.00

Board Justification

No bonus was paid in 2023 as the performance conditions were not met for the performance shares granted in 2021.

Other

$2.01M

Board Justification

Other compensation includes health and life insurance premiums, contributions to retirement plans, and other benefits.

Restricted Stock

$6.42M(191.75K RSU)

Board Justification

The stock awards that vested in 2023 were primarily from performance shares and RSUs granted in previous years, with a total of 191,749 shares vesting based on performance metrics achieved.

Performance Metrics

The performance metrics for determining compensation included Plan EBIT and comparable store sales growth.

Other Sprouts Farmers Market CEOs

Here are other CEOs of Sprouts Farmers Market

Jim Nielsen

Ex-CEO of Sprouts Farmers Market

December 2018 - August 2019