Form 4: Krispy Kreme Executive Terri Zandhuis Reports Stock Transaction
SEC Form 4 Filing
Chief People Officer Terri Zandhuis reports disposition of shares to cover tax withholding upon vesting of restricted stock units.
Summary
- Terri Zandhuis, Chief People Officer of Krispy Kreme, Inc., filed a Form 4 on May 2, 2024, reporting a transaction that occurred on May 1, 2024.
- The transaction involved the disposition of 11,558 shares of common stock at a price of $12.65 per share to cover tax withholding related to the vesting of restricted stock units.
- Following the transaction, Zandhuis directly owns 540,072 shares, including 324,216 shares and 215,856 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations upon the vesting of restricted stock units.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of the reported transaction (disposition of shares). |
| 05/02/2024 | Date the Form 4 was filed. |
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