Form 4: G. Michael Sievert Reports Acquisition of Starbucks Shares
SEC Filing
Director G. Michael Sievert reports acquiring 3,141 shares of Starbucks common stock on March 12, 2025, through restricted stock units.
Summary
- G. Michael Sievert, a director of Starbucks Corp, filed a Form 4 on March 14, 2025, reporting a transaction.
- On March 12, 2025, Sievert acquired 3,141 shares of Starbucks common stock.
- These shares were obtained through restricted stock units (RSUs) granted under the non-employee director compensation stock plan.
- The RSUs were fully vested at the time of the grant.
- Following the transaction, Sievert beneficially owns 7,211 shares of Starbucks common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing indicating a director's stock acquisition, which is neither overtly positive nor negative.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it reflects a director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction: Acquisition of Starbucks shares through restricted stock units. |
| 03/14/2025 | Date of Form 4 filing. |
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