Krispy Kreme Strengthens Board Compensation with Long-term Stock Incentives
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krispy Kreme director Gordon von Bretten received a significant equity grant on June 17, 2025, consisting of 47,795 restricted stock units (RSUs). The RSUs were granted at $0 cost and will vest on June 17, 2028, representing a three-year vesting schedule.
Key details of the transaction:
- Transaction Type: Acquisition of non-derivative securities (RSUs)
- Ownership: Direct ownership
- Settlement Terms: One-for-one basis in common stock upon vesting
- Total Holdings: 47,795 unvested RSUs following the transaction
This equity grant aligns the director's interests with shareholders through a long-term vesting period, demonstrating Krispy Kreme's commitment to performance-based compensation and retention of key board members.
Positive
- Director Gordon von Bretten received 47,795 RSUs with 3-year vesting period, representing a significant long-term alignment with shareholder interests
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
von Bretten Gordon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,795 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 47,795 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 von Bretten Gordon's DNUT restricted stock units vest?
The restricted stock units (RSUs) granted to von Bretten Gordon will vest on June 17, 2028, approximately three years from the grant date, subject to certain terms and conditions.
What was the purchase price of DNUT RSUs granted to Director von Bretten Gordon?
The restricted stock units were granted to Director von Bretten Gordon at a price of $0, as they were awarded as part of director compensation rather than purchased.
Does DNUT Director von Bretten Gordon own any derivative securities of Krispy Kreme?
According to the Form 4 filing, von Bretten Gordon does not own any derivative securities of Krispy Kreme (DNUT). The only reported holdings are the 47,795 unvested restricted stock units.
What type of ownership does von Bretten Gordon have in DNUT securities?
Von Bretten Gordon has direct (D) ownership of the 47,795 restricted stock units of Krispy Kreme (DNUT), as indicated in Table I of the Form 4 filing.