Form 4: Krispy Kreme CEO Josh Charlesworth Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Krispy Kreme CEO Josh Charlesworth reports the disposition of shares to cover tax withholding upon vesting of restricted stock units.
Summary
- On May 1, 2024, Josh Charlesworth, CEO of Krispy Kreme, Inc. (DNUT), reported a transaction involving common stock.
- 33,459 shares were disposed of to cover tax withholding related to the vesting of restricted stock units at a price of $12.65 per share.
- Following the transaction, Charlesworth directly owns 893,790 shares of common stock, including 847,411 unvested RSUs.
- Charlesworth also indirectly owns 281,857 shares through a GRAT and 210,285 shares through a revocable trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares for tax purposes and does not indicate a change in the CEO's long-term commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction involving the disposition of shares to cover tax withholding. |
| 05/02/2024 | Date of signature on the Form 4 filing. |
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