STOCK TITAN

Krispy Kreme (DNUT) HR chief logs PSU vesting and tax share surrender

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

Rhea-AI Filing Summary

Krispy Kreme Chief People Officer Terri Zandhuis reported routine equity activity involving performance-based restricted stock units. She received 2,764 shares of common stock upon achieving performance criteria tied to previously granted PSUs, and 933 shares were surrendered to cover tax withholding on the PSU vesting.

After these transactions, she beneficially owns 683,522 common shares in total, consisting of 382,779 directly held shares and 300,743 unvested RSUs, all reported as directly owned.

Positive

  • None.

Negative

  • None.
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*
Zandhuis Terri

(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 People Officer
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 2,764(1) A $0 684,455 D
Common Stock 01/29/2026 F 933(2) D $3.16 683,522(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. 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: 382,779; unvested RSUs: 300,743.
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 transaction did Krispy Kreme (DNUT) report for Terri Zandhuis?

Krispy Kreme reported that Chief People Officer Terri Zandhuis received 2,764 common shares tied to performance-based restricted stock units and surrendered 933 shares to cover tax withholding. These transactions reflect PSU vesting rather than open-market buying or selling activity.

How many Krispy Kreme (DNUT) shares did Terri Zandhuis receive from PSUs?

Terri Zandhuis received 2,764 shares of Krispy Kreme common stock in connection with achieving performance criteria on previously awarded performance-based restricted stock units. These shares represent equity compensation vesting based on performance targets rather than a direct purchase on the open market.

Why were 933 Krispy Kreme (DNUT) shares surrendered by Terri Zandhuis?

The 933 Krispy Kreme shares were surrendered to cover tax withholding obligations related to the vesting of performance-based restricted stock units. The surrender price was $3.16 per share, allowing required taxes to be satisfied without a separate cash payment by the executive.

What is Terri Zandhuis’s total beneficial ownership in Krispy Kreme (DNUT) after these transactions?

After these transactions, Terri Zandhuis beneficially owns 683,522 Krispy Kreme shares. This consists of 382,779 directly held common shares and 300,743 unvested restricted stock units, all reported as directly owned in the insider filing.

Did Terri Zandhuis directly buy or sell Krispy Kreme (DNUT) stock on the market?

The reported activity reflects equity compensation vesting and tax withholding, not an open-market trade. Shares were received from performance-based restricted stock units, and a portion was surrendered at $3.16 per share solely to satisfy tax withholding requirements.
Krispy Kreme, Inc.

NASDAQ:DNUT

DNUT Rankings

DNUT Latest News

DNUT Latest SEC Filings

DNUT Stock Data

534.46M
76.67M
54.48%
43.99%
12.45%
Grocery Stores
Retail-food Stores
Link
United States
CHARLOTTE