Form 4: Starbucks Director's Routine Tax Withholding on Stock Vesting

Starbucks Director Jorgen Vig Knudstorp reported a disposition of shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Jorgen Vig Knudstorp, a Director at Starbucks Corp (SBUX), reported a transaction on March 23, 2026.
• The transaction involved the disposition of 354.864 shares of Common Stock.
• These shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units, and it was not an open market transaction.
• The deemed price for the disposed shares was $93.83 per share.
• Following this transaction, Jorgen Vig Knudstorp beneficially owns 53,006.05 shares of Common Stock.
• The total beneficial ownership includes 264.435 deferred stock units, which represent dividends on deferred stock units pursuant to a dividend reinvestment plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine administrative transaction related to executive compensation and does not reflect a discretionary sale or purchase that would indicate a change in sentiment.

Positives

• The transaction indicates the vesting of restricted stock units, which is a form of compensation for the director, reflecting continued service and alignment with shareholder interests.

Negatives

• The disposition of shares for tax withholding is a routine event and does not signal a lack of confidence or an active sale by the insider.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction, specifically the withholding of shares to cover tax liabilities upon the vesting of restricted stock units. Such transactions are common for executives and directors receiving equity compensation and are generally not indicative of a change in management's outlook or a strategic move, but rather a standard administrative process related to compensation.

Related Party Transactions

• The transaction involves the disposition of shares by a director to the issuer for tax withholding, which is a related party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a market sale. It confirms the director's continued equity ownership.
• Employees: No direct impact mentioned.

Key Dates

Keywords

SBUX, Starbucks, Form 4, Insider Transaction, Stock Vesting, Director, Jorgen Vig Knudstorp, Tax Withholding, Restricted Stock Units