Form 4: Starbucks Director Knudstorp Reports Acquisition of Shares Through Deferred Compensation Plan

Director Jorgen Vig Knudstorp reports acquiring 5,218 shares of Starbucks common stock through a deferred compensation plan and dividend reinvestment.

Summary

• On March 12, 2025, Jorgen Vig Knudstorp, a director of Starbucks Corp, acquired 5,218 shares of common stock.
• These shares were obtained through a restricted stock unit grant that was fully vested at the time of the grant and deferred under the Deferred Compensation Plan for Non-Employee Directors.
• The acquisition price was $0.
• Knudstorp also acquired 201.383 deferred stock units representing dividends on deferred stock units pursuant to a dividend reinvestment plan.
• Following these transactions, Knudstorp beneficially owns 41,661.062 shares of Starbucks common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing detailing share acquisition through compensation plans. The acquisition itself can be seen as mildly positive, but the filing is primarily informational.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Director share ownership is a common metric used to assess alignment between management and shareholder interests.
• Comparing Knudstorp's holdings to those of directors at peer companies like McDonald's (MCD) or Dunkin' Brands (DNKN) can provide context.
• Deferred compensation plans are a typical component of executive compensation packages in publicly traded companies.

Stakeholder Impact

• The increased share ownership by a director could positively influence shareholder confidence.

Key Dates