Form 4: Krispy Kreme Director Michael J. Tattersfield Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Michael J. Tattersfield reports a transaction involving Krispy Kreme, Inc. stock related to tax withholding for vested restricted stock units.
Summary
- On May 1, 2024, Michael J. Tattersfield, a director of Krispy Kreme, Inc., reported a transaction involving the disposition of 131,582 shares of common stock to cover tax withholding for the vesting of restricted stock units.
- The shares were sold at a price of $12.65 per share.
- Following the transaction, Tattersfield directly owns 2,812,030 shares of common stock, including 564,000 unvested RSUs.
- He also indirectly owns 550,051 shares held in trust for his children and 295 shares owned by his child.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock units, which is a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock transaction (disposal of shares for tax withholding). |
| 05/02/2024 | Date of signature by Attorney-in-Fact. |
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