[Form 4] Krispy Kreme, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Krispy Kreme insider Alison Holder, Chief Brand & Product Officer, reported transactions affecting her beneficial ownership of DNUT common stock on 10/01/2025. She surrendered 1,910 shares to cover tax withholding on vested restricted stock units (RSUs) and was credited with 104,439 RSUs that will settle one-for-one into common shares. After these transactions she beneficially owns 328,323 shares in total, consisting of 41,755 directly held shares and 286,568 unvested RSUs. The reported RSUs are subject to vesting terms and, per the filing, are scheduled to vest on 10/01/2028.

Positive

• 104,439 RSUs granted/credited, indicating significant long-term equity alignment
• Post-transaction beneficial ownership of 328,323 shares shows continued material stake

Negative

• 1,910 shares surrendered to cover taxes represents an immediate disposal of shares

Insights

Corporate Insider Transactions Analyst

TL;DR: Officer surrendered 1,910 shares for tax withholding and added 104,439 RSUs, leaving 328,323 shares beneficially owned.

This Form 4 shows a routine tax-withholding sale where 1,910 shares were surrendered on 10/01/2025 to satisfy tax obligations tied to RSU vesting. The filing also records the grant/settlement of 104,439 RSUs that will convert one-for-one into common stock under the stated terms.

The filing discloses that 286,568 of the reported holdings are unvested RSUs and that those RSUs are scheduled to vest on 10/01/2028, which is the clear monitorable vesting date disclosed in the form.

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

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

1. Name and Address of Reporting Person^*

Holder Alison

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS STREET, SUITE 101

(Street)

CHARLOTTE NC 28203

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Brand & Product Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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

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

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

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	10/01/2025		F		1,910(1)	D	$3.87	223,884	D
Common Stock	10/01/2025		A		104,439(2)	A	$0	328,323(3)	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. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs").

2. Consists of 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 October 1, 2028.

3. Direct: 41,755; Unvested RSUs: 286,568.

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	10/02/2025
	** 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.

FAQ

What transactions did Krispy Kreme insider Alison Holder report on Form 4 (DNUT)?

The filing reports a surrender of 1,910 shares to cover tax withholding and the acquisition/crediting of 104,439 RSUs on 10/01/2025.

How many shares does Alison Holder beneficially own after the reported transactions?

After the transactions she beneficially owns 328,323 shares, comprising 41,755 direct shares and 286,568 unvested RSUs.

Why were 1,910 shares disposed of according to the Form 4?

The filing states those shares were surrendered to cover tax withholding related to the vesting of restricted stock units (RSUs).

When will the reported RSUs vest?

The RSUs are subject to vesting terms and are scheduled, per the filing, to vest on 10/01/2028.

What is Alison Holder's role at Krispy Kreme as listed on the Form 4?

She is listed as the company's Chief Brand & Product Officer.