Krispy Kreme (NASDAQ: DNUT) CLO awarded 76,924 RSUs vesting 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adams Atiba reported acquisition or exercise transactions in this Form 4 filing.
Krispy Kreme, Inc. reported that CLO & Corporate Secretary Atiba Adams received a grant of 76,924 shares of common stock in the form of restricted stock units (RSUs) at a price of $0.00 per share.
The RSUs are unvested and will settle on a one-for-one basis into common stock upon vesting. Subject to certain terms and conditions, they are scheduled to vest on April 9, 2029. Following this award, Adams’ direct holdings total 273,858 shares of common stock, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adams Atiba
Role
CLO & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 76,924 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 273,858 shares (Direct, null)
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 April 09, 2029. Unvested RSUs.
Key Figures
RSU grant size: 76,924 shares
Grant price per share: $0.00 per share
Total holdings after grant: 273,858 shares
+1 more
4 metrics
RSU grant size
76,924 shares
Restricted stock units awarded to Atiba Adams
Grant price per share
$0.00 per share
Price for RSU grant to Atiba Adams
Total holdings after grant
273,858 shares
Direct Krispy Kreme common stock holdings following transaction
RSU vesting date
April 9, 2029
Scheduled vesting date for granted RSUs, subject to conditions
Key Terms
restricted stock units ("RSUs"), vest, Common Stock
3 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs") that upon vesting are settled on a one-for-one basis in shares of common stock."
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.
vest financial
"Subject to certain terms and conditions, the RSUs will vest on April 09, 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"Consists of restricted stock units ("RSUs") that upon vesting are settled on a one-for-one basis in shares of common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Krispy Kreme (DNUT) report for Atiba Adams?
Krispy Kreme reported that CLO & Corporate Secretary Atiba Adams received 76,924 restricted stock units as an equity award. These RSUs represent potential future common shares, subject to vesting conditions and long-term service with the company.
What are the terms of the 76,924 RSUs granted to Atiba Adams at Krispy Kreme?
The 76,924 RSUs granted to Atiba Adams convert into common stock on a one-for-one basis upon vesting. The filing states they are unvested and, subject to certain terms and conditions, are scheduled to vest on April 9, 2029.
When will Atiba Adams’ new Krispy Kreme RSUs vest?
The filing states that, subject to certain terms and conditions, the restricted stock units granted to Atiba Adams will vest on April 9, 2029. Once vested, each unit will settle into one share of Krispy Kreme common stock.