Krispy Kreme director amends insider share holdings
Krispy Kreme, Inc. director Bernardo Hees filed an amended Form 3 correcting his reported ownership in the company.
Rhea-AI Filing Summary
Krispy Kreme, Inc. director Bernardo Hees filed an amended Form 3 correcting his reported ownership in the company. The amendment states that as of June 17, 2025, he held 0 shares directly and 1,311,760 shares of common stock indirectly through BHBK LLC. The prior Form 3 had mistakenly split these amounts between direct and indirect holdings. The filing explains that earlier Form 4 reports during this period overstated direct ownership by 617,315 shares and understated indirect ownership by the same amount. All shares are held by BHBK LLC, over which Mr. Hees exercises sole investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hees Bernardo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,311,760 shares (Indirect, Held by BHBK LLC)
Footnotes (2)
- F1. On June 18, 2025, the Reporting Person filed a Form 3 (the "Original Report") which incorrectly reported that, as of June 17, 2025, the Reporting Person owned 617,315 shares of the Issuer's common stock directly and 694,445 shares of the Issuer's common stock indirectly through an entity, BHBK LLC. In fact, the Reporting Person held 0 shares of the Issuer's common stock directly and 1,311,760 shares of the Issuer's common stock indirectly through BHBK LLC. As a result of the error in the Original Report, the number of shares of common stock beneficially owned by the Reporting Person as reported on each Form 4 filed by the Reporting Person between the date of the Original Report and the filing of this amendment to the Original Report was (i) overstated by 617,315 with respect to shares owned directly, and (ii) understated by 617,315 shares with respect to shares owned indirectly.
- F2. Shares held by BHBK LLC of which Mr. Hees exercises sole investment power.
Key Figures
Indirectly held shares: 1,311,760 shares
Directly held shares: 0 shares
Overstated direct holdings: 617,315 shares
+2 more
5 metrics
Indirectly held shares
1,311,760 shares
Common stock held indirectly through BHBK LLC as of June 17, 2025
Directly held shares
0 shares
Direct ownership of Krispy Kreme common stock as of June 17, 2025
Overstated direct holdings
617,315 shares
Amount previously overstated as directly owned in the original Form 3
Understated indirect holdings
617,315 shares
Amount previously understated as indirectly owned through BHBK LLC
Holding entry count
1 entry
Number of holding entries in this Form 3/A transaction data
Key Terms
Form 3, beneficially owned, indirectly, sole investment power
4 terms
Form 3 regulatory
"On June 18, 2025, the Reporting Person filed a Form 3 (the "Original Report") which incorrectly reported..."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficially owned financial
"the number of shares of common stock beneficially owned by the Reporting Person as reported on each Form 4..."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
indirectly financial
"the Reporting Person owned 617,315 shares... directly and 694,445 shares... indirectly through an entity, BHBK LLC."
sole investment power financial
"Shares held by BHBK LLC of which Mr. Hees exercises sole investment power."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Krispy Kreme (DNUT) director Bernardo Hees correct in this Form 3/A?
He corrected his ownership breakdown between direct and indirect holdings. The amendment shows 0 shares held directly and 1,311,760 shares held indirectly through BHBK LLC as of June 17, 2025, replacing previously misreported amounts.
How were Bernardo Hees’s previous Krispy Kreme (DNUT) Form 4 filings affected?
The company notes that each Form 4 filed after the original Form 3 used the incorrect split. Direct ownership was overstated by 617,315 shares and indirect ownership understated by 617,315 shares, so this amendment realigns those prior reported balances.
AI-generated analysis. How Rhea-AI works. Not financial advice.
