Form 4: Starbucks EVP, CFO Rachel Ruggeri Reports Changes in Beneficial Ownership

Rachel Ruggeri, EVP and CFO of Starbucks, reports the disposal of 1,289 common stock shares to cover tax obligations, leaving her with 79,140.5673 shares.

Summary

• On February 18, 2025, Rachel Ruggeri, the EVP and CFO of Starbucks, reported a transaction involving Starbucks common stock.
• A total of 1,289 shares were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock units at a price of $113.03 per share.
• Following the transaction, Ruggeri directly owns 79,140.5673 shares of Starbucks common stock.
• This total includes 260.024 shares representing dividend equivalents on unvested time-based RSUs and 45.335 shares purchased on December 31, 2024, through the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine stock transaction for tax purposes.

Industry Context

This filing is a routine disclosure related to executive stock transactions and is a common practice among publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Comparison to Industry Standards

• Executive stock transactions are regularly monitored across the industry.
• Companies like McDonald's (MCD) and Coca-Cola (KO) also have similar filings when their executives trade company stock.
• The scale of the transaction is typical for executives at large corporations.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it is a routine executive stock transaction.

Key Dates

Keywords

Beneficial Ownership, Form 4, Starbucks, SBUX, Rachel Ruggeri, CFO, Stock Transaction, Tax Withholding, Employee Stock Purchase Plan, Dividend Equivalents