Form 4: Starbucks EVP Sara Kelly Reports Tax Withholding Transaction

Starbucks EVP and Chief Partner Officer Sara Kelly reported the withholding of 315.82 shares to satisfy tax obligations related to restricted stock unit vesting.

Summary

• Sara Kelly, EVP and Chief Partner Officer at Starbucks, executed a transaction on June 15, 2026.
• The transaction involved the withholding of 315.82 shares of common stock by the issuer.
• The shares were withheld at a price of $101.59 per share to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Following this transaction, the reporting person maintains beneficial ownership of 57,567.0208 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine regulatory filing regarding tax obligations rather than a discretionary trade.

Positives

• The transaction was a mandatory tax withholding event rather than an open market sale, indicating no change in the executive's long-term confidence in the company.

Negatives

• None identified; this is a routine administrative transaction.

Risks

• None identified; this is a routine administrative transaction.

Future Outlook

Not applicable as this is a retrospective disclosure of a tax-related transaction.

Industry Context

StockSavvy.ai notes that routine tax withholding transactions by corporate executives are standard administrative procedures and do not reflect shifts in corporate strategy or market sentiment.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation practices for large-cap companies like Starbucks, where equity vesting triggers automatic tax withholding.

Stakeholder Impact

• No material impact on shareholders, employees, or creditors as this is a standard tax-related transaction.

Key Dates

Keywords

Starbucks, SBUX, Form 4, Insider Trading, Tax Withholding, Executive Compensation