Krispy Kreme Board Member Gets $700K+ in Stock Awards with 3-Year Lock-up
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krispy Kreme director Patricia Capel received a significant equity grant on June 17, 2025, consisting of 47,795 restricted stock units (RSUs). The RSUs will vest on June 17, 2028 and can be converted to common stock on a one-for-one basis upon vesting.
Following this transaction, Capel's total beneficial ownership includes:
- 6,334 shares held directly
- 47,795 unvested RSUs
- Total beneficial ownership of 54,129 shares
The RSUs were granted at $0 cost to the director, representing a significant equity-based compensation award. This grant aligns the director's interests with shareholders through a three-year vesting period, demonstrating a long-term commitment to the company's performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Capel Patricia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,795 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,129 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. Direct: 6,334, unvested RSUs: 47,795.
FAQ
When will Patricia Capel's DNUT RSUs vest?
The RSUs granted to Patricia Capel will vest on June 17, 2028, subject to certain terms and conditions.
What was the purchase price of DNUT RSUs granted to Patricia Capel?
The RSUs were granted to Patricia Capel at $0 cost, as they represent equity-based compensation for her role as a Director of Krispy Kreme.
Who filed the Form 4 for DNUT Director Patricia Capel?
The Form 4 was filed by Christine McDevitt as Attorney-in-fact for Patricia Capel, with the signature date of June 19, 2025.