Form 4: Starbucks Director Dambisa Moyo Receives Equity Grant

Starbucks Director Dambisa F. Moyo was granted 1,350 shares of common stock on July 1, 2025, as part of the company's non-employee director compensation plan.

Summary

• Dambisa F. Moyo, a Director at Starbucks Corp (SBUX), acquired 1,350 shares of common stock.
• The transaction occurred on July 1, 2025.
• The shares were acquired at a price of $0, indicating a grant.
• These shares represent restricted stock units that were fully vested at the time of grant.
• The grant was made pursuant to Starbucks' non-employee director compensation stock plan.
• Following this transaction, Dambisa F. Moyo directly beneficially owns 1,350 shares of Starbucks common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if granted as compensation, generally indicates alignment of interests with shareholders and can be viewed as a positive signal of confidence in the company's future.

Positives

• An increase in insider ownership by a director, Dambisa F. Moyo, through the acquisition of 1,350 shares.
• The grant of restricted stock units, fully vested at the time of grant, aligns the director's interests with long-term shareholder value.
• The transaction is part of a pre-existing non-employee director compensation stock plan, indicating a structured approach to executive compensation.

Negatives

• No negative aspects are directly indicated in this Form 4 filing, as it reports a stock grant rather than a sale or adverse event.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this Form 4 filing. This document is solely for reporting insider transactions.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding Starbucks' future performance or strategic direction.

Industry Context

The grant of restricted stock units to non-employee directors is a common practice across various industries, including the retail and food & beverage sectors, to attract and retain qualified board members and align their interests with shareholders. This specific transaction for Starbucks is consistent with standard corporate governance practices for public companies.

Comparison to Industry Standards

• The practice of granting equity as part of non-employee director compensation is a widely accepted industry standard for public companies, including those in the consumer discretionary sector like Starbucks.
• Companies such as McDonald's (MCD), Coca-Cola (KO), and PepsiCo (PEP) also utilize similar equity-based compensation plans for their non-executive directors to foster alignment with shareholder interests.
• The specific number of units granted (1,350) and the vesting terms (fully vested at grant) are typical for such compensation, reflecting a standard approach to director remuneration.

Corporate Governance

Related Party Transactions

• The grant of 1,350 restricted stock units to Dambisa F. Moyo, a director, constitutes a related party transaction as it involves compensation provided by the company to a member of its board.

Stakeholder Impact

• Shareholders: The grant increases insider ownership, which can be viewed positively as it aligns the director's financial interests with those of the shareholders.

Key Dates

Keywords

Starbucks, SBUX, Dambisa Moyo, Director, Stock Grant, Restricted Stock Units, Insider Transaction, SEC Form 4, Compensation Plan, Equity, Beneficial Ownership