Krispy Kreme executive reports initial share holdings
Krispy Kreme, Inc. executive Lori M. Suess, Head of People and Culture, reports her initial beneficial ownership in a Form 3.
Rhea-AI Filing Summary
Krispy Kreme, Inc. executive Lori M. Suess, Head of People and Culture, reports her initial beneficial ownership in a Form 3. She holds 111,727 shares of Common Stock directly and an option for 40,000 shares of Common Stock at an exercise price of $3.22 per share, expiring on July 14, 2031.
According to the footnotes, these options are scheduled to vest on July 14, 2028, provided employment continues through that date. Additional awards of unvested restricted stock units are described, with various tranches scheduled to vest between 2026 and 2029, further detailing Suess's long-term equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Suess Lori M.
Role
Head of People and Culture
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Options (Right to Buy) — 40,000 contracts (Direct);
Common Stock — 111,727 shares (Direct)
Footnotes (2)
- F1. Direct DNUT: 6,448 plus unvested RSUs comprised of: Apr 4, 2022 award vesting 345 RSUs on Apr 4, 2026, and 345 RSUs on Apr 4, 2027; May 9, 2023 award vesting 1,974 RSUs on May 9, 2026, 658 RSUs on May 9, 2027, and 658 RSUs on May 9, 2028; Apr 11, 2024 award vesting 4,004 RSUs on Apr 11, 2027, 1,334 RSUs on Apr 11, 2028, and 1,334 RSUs on Apr 11, 2029; Dec 13, 2024 award vesting 10,122 RSUs on Dec 13, 2027; Apr 10, 2025 award vesting 17,483 RSUs on Apr 10, 2028; Jul 1, 2025 award vesting 28,213 RSUs on Jul 1, 2026 and 18,809 RSUs vesting on Jul 1, 2027; Jul 14, 2025 award vesting 20,000 RSUs on Jul 14, 2027.
- F2. Provided employment continues through the applicable vesting dates, these options vest on July 14, 2028.
Key Figures
Direct common stock holdings: 111,727 shares
Stock option underlying shares: 40,000 shares
Option exercise price: $3.22 per share
+3 more
6 metrics
Direct common stock holdings
111,727 shares
Total shares of Common Stock held directly after reported holdings
Stock option underlying shares
40,000 shares
Options (Right to Buy) for Common Stock reported on Form 3
Option exercise price
$3.22 per share
Exercise price for options on 40,000 shares of Common Stock
Option expiration date
July 14, 2031
Expiration date of options (Right to Buy) held by Lori M. Suess
Option vesting date
July 14, 2028
Vesting date for options, subject to continued employment
Direct DNUT shares in footnote
6,448 shares
Direct DNUT common shares referenced alongside unvested RSUs
Key Terms
Options (Right to Buy), Common Stock, Restricted Stock Units, beneficial ownership, +1 more
5 terms
Options (Right to Buy) financial
"security_title": "Options (Right to Buy)""
Common Stock financial
"underlying_security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Restricted Stock Units financial
"plus unvested RSUs comprised of: Apr 4, 2022 award vesting 345 RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficial ownership financial
"reports her initial beneficial ownership in a Form 3"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
vesting financial
"these options vest on July 14, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Krispy Kreme (DNUT) disclose in Lori Suess’s Form 3?
The Form 3 shows Lori M. Suess’s initial beneficial ownership in Krispy Kreme. It lists her common shares, stock options, and unvested restricted stock units, outlining the structure and timing of her equity-based compensation with the company.
What stock options are reported for Lori Suess at Krispy Kreme (DNUT)?
The filing reports options for 40,000 shares of Common Stock with an exercise price of $3.22 per share, expiring on July 14, 2031. These options are scheduled to vest on July 14, 2028, subject to continued employment with Krispy Kreme.
When do Lori Suess’s Krispy Kreme (DNUT) options vest?
According to the footnotes, Lori M. Suess’s options vest on July 14, 2028, provided her employment continues through that date. Until vesting, she generally cannot exercise these options to purchase Krispy Kreme common shares at the stated exercise price.
What unvested RSUs are mentioned for Lori Suess at Krispy Kreme (DNUT)?
The Form 3 footnotes describe multiple unvested restricted stock unit (RSU) awards for Lori M. Suess. Various RSU tranches are scheduled to vest between 2026 and 2029, reflecting a long-term equity compensation schedule tied to continued employment.
Does Lori Suess’s Form 3 show recent buying or selling of Krispy Kreme (DNUT) stock?
The Form 3 primarily reports holdings rather than recent trades. It discloses Lori M. Suess’s existing common shares, options, and unvested RSUs, serving as an initial statement of beneficial ownership rather than a record of new purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
