Form 4: Starbucks Director Wei Zhang Reports Changes in Beneficial Ownership

Director Wei Zhang reports acquisition of restricted stock units and changes in common stock ownership at Starbucks.

Summary

• On March 12, 2025, Wei Zhang, a director of Starbucks, acquired 3,141 shares of common stock through restricted stock units.
• These restricted stock units were fully vested at the time of the grant and are deferred pursuant to the Deferred Compensation Plan for Non-Employee Directors.
• Zhang also owns 8,473 shares of common stock following the reported transactions, which includes 128 deferred stock units representing dividends reinvested.
• The filing was signed by Jonathan Miner, attorney-in-fact for Wei Zhang, on March 14, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing stock transactions by a company director. The acquisition of shares could be interpreted as a positive signal, but it's a routine event.

Positives

• The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the holdings of a Starbucks director.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholders, providing insight into director's confidence.

Key Dates