Form 4: Krispy Kreme Executive Terri Zandhuis Reports Changes in Beneficial Ownership

Terri Zandhuis, Chief People Officer of Krispy Kreme, reports the acquisition of 69,931 shares of common stock and adjustments to restricted stock units.

Summary

• Terri Zandhuis, the Chief People Officer of Krispy Kreme, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On April 10, 2025, Zandhuis acquired 69,931 shares of Krispy Kreme common stock.
• These shares were acquired at a price of $0.
• Following the reported transaction, Zandhuis directly owns 593,150 shares, including 240,664 unvested restricted stock units (RSUs).
• 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: This is a routine regulatory filing, so the sentiment is neutral. It simply reports changes in stock ownership.

Future Outlook

The RSUs will vest on April 10, 2028, subject to certain terms and conditions.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Krispy Kreme, DNUT, Zandhuis, Restricted Stock Units, RSUs, Chief People Officer, Stock Acquisition