Form 4: Krispy Kreme CEO Josh Charlesworth Reports Stock Transactions
SEC Form 4 Filing
Krispy Kreme CEO Josh Charlesworth reported the disposition of shares to cover tax withholding upon the vesting of restricted stock units.
Summary
- On October 1, 2024, Krispy Kreme CEO Josh Charlesworth disposed of 15,688 shares of common stock to cover tax withholding related to the vesting of restricted stock units.
- The transaction was executed at a price of $10.74 per share.
- Following the transaction, Charlesworth directly owns 878,102 shares of Krispy Kreme stock, including 66,386 vested shares and 811,716 unvested RSUs.
- He also indirectly owns 281,857 shares through a GRAT and 210,285 shares through a revocable trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily indicate a change in the company's outlook or performance.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock transaction where shares were disposed of to cover tax withholding. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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