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Krispy Kreme (DNUT) CEO reports PSU vesting and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Krispy Kreme, Inc. President & CEO Josh Charlesworth reported equity awards and related tax withholding in company stock. On January 29, 2026, he received 3,455 shares of common stock at $0, tied to the achievement of performance criteria for previously granted performance-based restricted stock units (PSUs).

On the same date, 983 shares were surrendered at $3.16 per share to cover tax withholding on the PSU vesting. After these transactions, he directly holds 1,040,572 common shares, plus indirect holdings of 281,857 shares through a Family LLC and 276,671 shares through a revocable trust.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Charlesworth Josh

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026
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 01/29/2026 A 3,455(1) A $0 1,041,555 D
Common Stock 01/29/2026 F 983(2) D $3.16 1,040,572(3) D
Common Stock 281,857 I By Family LLC
Common Stock 276,671 I Revocable Trust
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. Consists of shares of common stock received in connection with the achievement of performance criteria tied to previously awarded performance-based restricted stock units ("PSUs").
2. Consists of shares surrendered to cover tax withholding for the vesting of PSUs.
3. Direct: 158,435; unvested RSUs: 882,137.
Remarks:
/s/ Christine McDevitt, Attorney-in-fact 02/02/2026
** 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 insider stock transactions did Krispy Kreme (DNUT) CEO report on January 29, 2026?

Krispy Kreme CEO Josh Charlesworth reported two stock movements on January 29, 2026: an award of 3,455 common shares at $0 from performance-based RSUs and a surrender of 983 shares at $3.16 per share to cover tax withholding on that vesting.

How many Krispy Kreme (DNUT) shares does the CEO directly own after this Form 4?

After the reported transactions, Josh Charlesworth directly owns 1,040,572 Krispy Kreme common shares. This reflects the 3,455-share PSU-related award and the 983-share tax withholding surrender, as disclosed in the Form 4’s non-derivative securities table and accompanying footnotes.

Why did the Krispy Kreme (DNUT) CEO surrender 983 shares in this filing?

The 983 shares were surrendered to cover tax withholding on the vesting of performance-based restricted stock units. The filing explains that these shares were not a discretionary market sale but a withholding mechanism tied to PSU vesting obligations for Josh Charlesworth.

What performance-based award did the Krispy Kreme (DNUT) CEO receive in this Form 4?

Josh Charlesworth received 3,455 shares of Krispy Kreme common stock due to achieving performance criteria linked to previously granted performance-based restricted stock units. The filing states these shares represent PSU-related stock delivered upon meeting those predefined performance goals.

What indirect Krispy Kreme (DNUT) share holdings are reported for the CEO?

In addition to his direct holdings, Josh Charlesworth reports 281,857 Krispy Kreme common shares held indirectly through a Family LLC and 276,671 shares held indirectly through a revocable trust. These indirect positions are separately identified in the Form 4’s ownership table.

Does the Krispy Kreme (DNUT) CEO hold any unvested equity according to this Form 4?

Yes. A footnote states that, within his direct position, 158,435 shares are currently direct holdings and 882,137 are unvested restricted stock units (RSUs). These unvested RSUs represent additional potential future common stock, subject to their vesting conditions.
Krispy Kreme, Inc.

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