Krispy Kreme (NASDAQ: DNUT) ups COO stake with 76,924 units
Rhea-AI Filing Summary
Steele Nicola reported acquisition or exercise transactions in this Form 4 filing.
Krispy Kreme, Inc. Chief Operating Officer Nicola Steele received an equity grant of 76,924 shares of common stock in the form of restricted stock units (RSUs). The RSUs carry no purchase price and will vest on April 09, 2029, subject to specified terms and conditions.
After this award, Steele is reported as beneficially owning 388,858 shares in total, including 32,635 shares held directly and 356,223 unvested RSUs that each settle into one share of common stock upon vesting. This is a compensation-related award rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant increases COO’s long-term equity stake.
Chief Operating Officer Nicola Steele received a grant of 76,924 restricted stock units, which convert one-for-one into common shares when they vest on April 09, 2029. The award has a zero dollar purchase price, signaling it is part of equity compensation rather than a market trade.
Following this grant, Steele’s reported beneficial ownership is 388,858 shares, consisting of 32,635 shares held directly and 356,223 unvested RSUs. This looks like a standard long-term incentive grant with no immediate cash transaction and does not, on its own, indicate a change in sentiment about the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 76,924 | $0.00 | $0.00 |
Footnotes (2)
- F1. Consists of restricted stock units ("RSUs") that upon vesting are settled on a one-for-one basis in shares of common stock. Subject to certain terms and conditions, the RSUs will vest on April 09, 2029.
- F2. Direct: 32,635; Unvested RSUs: 356,223.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
vest financial
beneficially owning financial
Chief Operating Officer financial
AI-generated analysis. How Rhea-AI works. Not financial advice.