Krispy Kreme Board Member Commits to 3-Year Vesting Period in Latest Stock Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krispy Kreme director Gerhard W. Pleuhs received a significant equity grant on June 17, 2025, as reported in this Form 4 filing. The transaction details reveal:
- Acquisition of 47,795 restricted stock units (RSUs) at $0 cost
- RSUs will vest on June 17, 2028 (3-year vesting period)
- Upon vesting, RSUs convert to common stock on a one-for-one basis
- Following the transaction, Pleuhs holds a total of 68,399 unvested RSUs
This equity grant appears to be part of the company's director compensation program, aligning the director's interests with shareholders through long-term stock ownership. The transaction was reported within the required timeframe and executed through a power of attorney.
Positive
- Director Gerhard W. Pleuhs received 47,795 RSUs with 3-year vesting period, demonstrating long-term alignment with shareholder interests
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pleuhs Gerhard W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,795 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 68,399 shares (Direct)
Footnotes (1)
- 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 June 17, 2028. Unvested RSUs.
FAQ
When do Gerhard Pleuhs's DNUT restricted stock units (RSUs) vest?
The restricted stock units (RSUs) granted to Gerhard Pleuhs will vest on June 17, 2028, subject to certain terms and conditions. Upon vesting, they will be settled on a one-for-one basis in shares of common stock.
What is the total number of DNUT restricted stock units owned by Gerhard Pleuhs after the June 2025 grant?
Following the reported transaction, Gerhard Pleuhs beneficially owns a total of 68,399 unvested restricted stock units (RSUs) of Krispy Kreme (DNUT) directly.
What was the purchase price for DNUT RSUs granted to Director Pleuhs?
The restricted stock units (RSUs) were granted to Director Pleuhs at a price of $0, as they were awarded as part of director compensation rather than purchased on the open market.