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 the vesting of restricted stock units.
Summary
- On May 1, 2025, Krispy Kreme CEO Josh Charlesworth disposed of 7,638 shares of common stock to cover tax withholding related to the vesting of restricted stock units (RSUs).
- The transaction was executed at a price of $4.1 per share.
- Following the transaction, Charlesworth directly owns 914,686 shares of common stock, including 880,950 unvested RSUs.
- He also indirectly owns 281,857 shares through a GRAT and 276,671 shares through a revocable trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's stock transactions related to vested equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction where shares were disposed of to cover tax withholding. |
| 05/02/2025 | Date of signature by Attorney-in-fact. |
Keywords
beneficial ownership, Form 4, Krispy Kreme, CEO, Josh Charlesworth, stock, RSUs, tax withholding
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