Form 4: Starbucks Director Jorgen Vig Knudstorp Acquires Shares in Recent Transaction

Director Jorgen Vig Knudstorp purchased 380 shares of Starbucks common stock at an average price of $91.501 on September 6, 2024.

Summary

• On September 6, 2024, Jorgen Vig Knudstorp, a director of Starbucks Corp, acquired 380 shares of common stock.
• The purchase was made at a weighted average price of $91.501 per share, with individual trades ranging from $91.50 to $91.59.
• Following the transaction, Knudstorp's direct ownership in Starbucks common stock increased to 36,241.679 shares, which includes 233.49 deferred stock units from dividend reinvestments.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director, which can be seen as a mildly positive sign of confidence, but it's not a major event.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects, although a single transaction is not necessarily indicative of a larger trend.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it reflects a director's investment in the company.

Key Dates