Krispy Kreme CEO surrenders shares for RSU taxes
Krispy Kreme, Inc. President & CEO Josh Charlesworth surrendered 1,963 shares of common stock at $3.38 per share on April 2, 2026 to cover tax withholding for vesting restricted stock units.
Rhea-AI Filing Summary
Krispy Kreme, Inc. President & CEO Josh Charlesworth surrendered 1,963 shares of common stock at $3.38 per share on April 2, 2026 to cover tax withholding for vesting restricted stock units. This was a tax-withholding disposition, not an open-market sale.
After this step, he directly owned 1,038,609 shares, including 163,373 currently held shares and 875,236 unvested RSUs. He also had indirect holdings of 281,857 shares through a Family LLC and 276,671 shares in a Revocable Trust, showing a substantial ongoing equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,963 shares
Exercise Price or Tax Liability
3 txns
Insider
Charlesworth Josh
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,963 | $3.38 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,038,609 shares (Direct);
Common Stock — 281,857 shares (Indirect, By Family LLC);
Common Stock — 276,671 shares (Indirect, Revocable Trust)
Footnotes (2)
- F1. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs").
- F2. Direct: 163,373, Unvested RSUs: 875,236.
Key Figures
Shares surrendered for taxes: 1,963 shares
Price per share surrendered: $3.38 per share
Direct holdings after transaction: 1,038,609 shares
+4 more
7 metrics
Shares surrendered for taxes
1,963 shares
Tax-withholding disposition on April 2, 2026
Price per share surrendered
$3.38 per share
Value used for tax-withholding shares
Direct holdings after transaction
1,038,609 shares
Total direct Krispy Kreme common stock after April 2, 2026
Direct currently held shares
163,373 shares
Portion of direct holdings that are not unvested RSUs
Unvested RSUs
875,236 RSUs
Unvested restricted stock units included in direct holdings
Indirect Family LLC holdings
281,857 shares
Indirect ownership via Family LLC
Indirect Revocable Trust holdings
276,671 shares
Indirect ownership via Revocable Trust
Key Terms
tax-withholding disposition, restricted stock units ("RSUs"), Family LLC, Revocable Trust
4 terms
tax-withholding disposition financial
"Reported transaction consists of shares surrendered to cover tax withholding"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units ("RSUs") financial
"for the vesting of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Family LLC financial
"nature_of_ownership": "By Family LLC""
Revocable Trust financial
"nature_of_ownership": "Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Krispy Kreme (DNUT) CEO Josh Charlesworth report in this Form 4?
Josh Charlesworth reported surrendering 1,963 Krispy Kreme shares to cover tax withholding on vesting RSUs. This is a tax-related disposition rather than a market sale, and reflects routine handling of equity compensation obligations.
What are Josh Charlesworth’s direct Krispy Kreme (DNUT) holdings after the transaction?
Following the tax-withholding disposition, Josh Charlesworth directly held 1,038,609 shares. Footnotes clarify this includes 163,373 currently held shares plus 875,236 unvested restricted stock units that remain subject to vesting conditions.
What indirect Krispy Kreme (DNUT) holdings does the CEO report?
He reports indirect ownership of 281,857 shares through a Family LLC and 276,671 shares held via a Revocable Trust. These entries are holdings disclosures, not new transactions, and show additional exposure to Krispy Kreme equity beyond his direct position.
Was the Krispy Kreme (DNUT) CEO’s Form 4 transaction a stock sale on the market?
No. The Form 4 describes a tax-withholding disposition, where 1,963 shares were surrendered to cover taxes on vesting RSUs. This differs from an open-market sale and is a common mechanism for handling equity award tax liabilities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
