Form 4: Starbucks Director Beth Ford Reports Acquisition and Disposal of Common Stock

Director Beth Ford reported acquiring 3,602 shares of Starbucks common stock and disposing of 6,896 shares on March 13, 2024, according to a Form 4 filing with the SEC.

Summary

• On March 13, 2024, Beth Ford, a director of Starbucks Corp, reported transactions involving the company's common stock.
• Ford acquired 3,602 shares of common stock.
• Ford also disposed of 6,896 shares of common stock.
• Following these transactions, Ford directly owns 6,896 shares of Starbucks common stock.
• The filing also includes a Power of Attorney, granting specified individuals the authority to act on Ford's behalf in matters related to SEC filings.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company director.

Positives

• The acquisition of restricted stock units indicates continued alignment of the director's interests with the company's long-term performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions reported may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates