Form 4: Starbucks Executive Sells Shares for Tax Obligations
Insider Transaction Report
Starbucks' CEO of International, Brady Brewer, disposed of shares to cover tax liabilities from restricted stock unit vesting.
Summary
- Brady Brewer, CEO, International of Starbucks Corp (SBUX), reported two transactions involving the disposition of common stock.
- On November 18, 2025, 4,413.36 shares were disposed of at a price of $83.33 per share.
- On November 19, 2025, an additional 1,428.012 shares were disposed of at a price of $83.68 per share.
- These dispositions were not open market transactions but shares withheld by Starbucks to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following these reported transactions, Brady Brewer's direct beneficial ownership stands at 87,655.135 shares of Starbucks common stock.
Sentiment
Score: 5
Explanation: The filing reports routine, non-discretionary transactions related to tax withholding upon restricted stock unit vesting, which is a standard part of executive compensation and does not reflect a change in investment sentiment.
Future Outlook
NA
Industry Context
This filing details a routine insider transaction related to executive compensation, specifically the disposition of shares to cover tax obligations upon the vesting of restricted stock units. Such transactions are common across publicly traded companies and do not typically reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are non-discretionary sales for tax purposes, not indicative of a change in the executive's confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 11/18/2025 | Date of earliest transaction: disposition of 4,413.36 shares for tax withholding. |
| 11/19/2025 | Date of transaction: disposition of 1,428.012 shares for tax withholding. |
| 11/20/2025 | Date the Form 4 was signed by attorney-in-fact for Brady Brewer. |
Recommendation
holdThe Form 4 filing details a routine, non-discretionary disposition of shares by an executive to cover tax obligations associated with restricted stock unit vesting. This type of transaction does not reflect a change in the company's fundamentals, strategic direction, or the executive's confidence in the business. Therefore, it provides no new information that would warrant a change in an existing investment thesis, and a 'hold' recommendation is appropriate.
Keywords
SBUX, Starbucks, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, Tax Withholding
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