Krispy Kreme director buys 225K shares

Krispy Kreme, Inc. director Bernardo Hees, through BHBK LLC over which he exercises sole investment power, reported open-market purchases of Common Stock.

Rhea-AI Filing Summary

Krispy Kreme, Inc. director Bernardo Hees, through BHBK LLC over which he exercises sole investment power, reported open-market purchases of Common Stock. On May 26–28, 2026, BHBK LLC bought a total of 225,077 shares at weighted-average prices between about $3.30 and $3.42 per share. Following these indirect purchases, BHBK LLC held 919,522 shares of Krispy Kreme Common Stock. A separate holding entry shows Hees with 617,315 directly held shares and 85,413 unvested RSUs, providing context on his overall equity exposure.

Insider Trade Summary

Net Buyer: 225,077 shares

Net Buy 4 txns

Insider Hees Bernardo

Role Director

Bought 225,077 shs ($769K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	200,989	$3.4206	$688K
Purchase	Common Stock	22,114	$3.378	$75K
Purchase	Common Stock	1,974	$3.30	$7K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 919,522 shares (Indirect, Held by BHBK LLC); Common Stock — 702,728 shares (Direct)

Footnotes (4)

1. F1. Includes shares held by BHBK LLC of which Mr. Hees exercises sole investment power.
2. F2. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.350 to $3.390 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
3. F3. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.4000 to $3.4500 per share, inclusive.
4. F4. Direct: 617,315; Unvested RSUs: 85,413

Key Figures

Total shares purchased: 225,077 shares Purchase on May 28, 2026: 200,989 shares at $3.4206/share Purchase on May 27, 2026: 22,114 shares at $3.3780/share +4 more

7 metrics

Total shares purchased 225,077 shares Net open-market buys on May 26–28, 2026

Purchase on May 28, 2026 200,989 shares at $3.4206/share Indirect open-market purchase by BHBK LLC

Purchase on May 27, 2026 22,114 shares at $3.3780/share Indirect open-market purchase by BHBK LLC

Purchase on May 26, 2026 1,974 shares at $3.3000/share Indirect open-market purchase by BHBK LLC

Indirect holdings after trades 919,522 shares Common Stock held by BHBK LLC after May 28, 2026

Directly held shares 617,315 shares Direct Krispy Kreme holdings referenced in footnote

Unvested RSUs 85,413 RSUs Unvested restricted stock units for Bernardo Hees

Key Terms

open-market purchase, weighted average price, indirect ownership, Unvested RSUs, +1 more

5 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average price financial

"The reported price in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: Held by BHBK LLC"

Unvested RSUs financial

"Direct: 617,315; Unvested RSUs: 85,413"

investment power financial

"Includes 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 insider activity did Krispy Kreme (DNUT) report for Bernardo Hees?

Bernardo Hees reported open-market purchases of Krispy Kreme Common Stock through BHBK LLC. Across May 26–28, 2026, the entity bought 225,077 shares, increasing its indirect holdings to 919,522 shares under his sole investment power.

How many Krispy Kreme shares did BHBK LLC buy and at what prices?

BHBK LLC purchased 225,077 Krispy Kreme shares in three transactions. The buys were at weighted-average prices of about $3.30, $3.38, and $3.42 per share, reflecting multiple trades within narrow price ranges on consecutive trading days.

What are Bernardo Hees’ total indirect Krispy Kreme holdings after these trades?

After the reported transactions, BHBK LLC held 919,522 Krispy Kreme Common Stock shares indirectly for Bernardo Hees. Hees exercises sole investment power over this LLC, so these holdings reflect a significant portion of his indirect ownership stake.

Does Bernardo Hees also hold Krispy Kreme shares directly or via RSUs?

Yes. A holding disclosure shows 617,315 shares held directly by Bernardo Hees and 85,413 unvested RSUs. These positions, alongside the 919,522 shares held by BHBK LLC, outline his combined direct, indirect, and equity-award exposure to Krispy Kreme.

Were the reported Krispy Kreme insider purchases single trades or weighted averages?

The reported prices are weighted averages for multiple trades. Footnotes explain that the May 27 and May 28 purchases occurred in several transactions within narrow price ranges, with the weighted-average price shown instead of each individual execution price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/28/2026 - 05:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hees Bernardo

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS STREET, SUITE 101

(Street)

CHARLOTTE NORTH CAROLINA 28203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Krispy Kreme, Inc. [ DNUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/26/2026		P		1,974	A	$3.3	696,419	I	Held by BHBK LLC(1)
Common Stock	05/27/2026		P		22,114	A	$3.378(2)	718,533	I	Held by BHBK LLC(1)
Common Stock	05/28/2026		P		200,989	A	$3.4206(3)	919,522	I	Held by BHBK LLC(1)
Common Stock								702,728(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes shares held by BHBK LLC of which Mr. Hees exercises sole investment power.

2. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.350 to $3.390 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.

3. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.4000 to $3.4500 per share, inclusive.

4. Direct: 617,315; Unvested RSUs: 85,413

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	05/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)