Form 4: Starbucks Executive Brady Brewer Reports Stock Transaction
SEC Form 4 Filing
Brady Brewer, CEO of International at Starbucks, reports the disposal of 911 common stock shares to cover tax obligations.
Summary
- On April 15, 2024, Brady Brewer, CEO of International at Starbucks, reported a transaction involving Starbucks common stock.
- The transaction involved the disposal of 911 shares of common stock at a price of $85.17 per share.
- These shares were withheld by Starbucks to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Brewer beneficially owns 55,873 shares of Starbucks common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock transaction |
| 04/17/2024 | Date of signature |
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