Form 4: Krispy Kreme CEO Josh Charlesworth Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Krispy Kreme CEO Josh Charlesworth filed a Form 4 detailing the acquisition and disposal of common stock and restricted stock units.
Summary
- On April 10, 2025, Josh Charlesworth, CEO of Krispy Kreme, Inc., reported changes in his beneficial ownership of the company's securities.
- The report includes the acquisition of 116,551 shares of common stock at $0 and the disposal of 281,857 shares.
- Following these transactions, Charlesworth directly owns 922,324 shares of common stock, including 907,563 unvested restricted stock units (RSUs).
- He also indirectly owns 276,671 shares through a revocable trust and 281,857 shares through a GRAT.
- The RSUs vest on April 10, 2028, and are settled on a one-for-one basis in shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their transactions and holdings of company stock. This filing is specific to the CEO's transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- Shareholders may be interested in the CEO's transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date of earliest transaction and reporting of changes in beneficial ownership. |
| 04/10/2028 | Vesting date for restricted stock units (RSUs). |
| 04/11/2025 | Date of signature by Attorney-in-fact. |
Keywords
Form 4, beneficial ownership, Krispy Kreme, DNUT, Josh Charlesworth, CEO, common stock, restricted stock units, RSUs, securities, vesting
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