Software Fault Isolation (SFI) is a security-enhancing program transformation for instrumenting an untrusted binary module so that it runs inside a dedicated isolated address space, called a sandbox. To ensure that the untrusted module cannot escape its sandbox, existing approaches such as Google's Native Client rely on a binary verifier to check that all memory accesses are within the sandbox. Instead of relying on a posteriori verification, we design, implement and prove correct a program instrumentation phase as part of the formally verified compiler CompCert that enforces a sandboxing security property a priori. This eliminates the need for a binary verifier and, instead, leverages the soundness proof of the compiler to prove the security of the sandboxing transformation. The technical contributions are a novel sandboxing transformation that has a well-defined C semantics and which supports arbitrary function pointers, and a formally verified C compiler that implements SFI. Experiments show that our formally verified technique is a competitive way of implementing SFI.