Krispy Kreme (DNUT) COO surrenders shares to cover RSU tax withholding

Rhea-AI Filing Summary

Krispy Kreme, Inc. Chief Operating Officer Nicola Steele reported a small share disposition related to tax withholding, not an open-market sale. On the reported date, 164 shares of common stock were surrendered at an indicated price of $3.38 per share to cover taxes due on the vesting of restricted stock units.

After this tax-withholding event, Steele’s reported holdings associated with this award total 320,071 shares, including 12,920 shares held directly and 307,151 unvested restricted stock units, indicating the transaction was a routine administrative step tied to equity compensation rather than a discretionary stock sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Steele Nicola

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	164	$3.38	$554.32

Holdings After Transaction: Common Stock — 320,071 shares (Direct)

Footnotes (1)

1. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs"). Direct: 12,920, Unvested RSUs: 307,151.

Key Figures

Shares surrendered for taxes: 164 shares Indicated price per share: $3.38 per share Total holdings after transaction: 320,071 shares +2 more

5 metrics

Shares surrendered for taxes 164 shares Common stock surrendered to cover RSU tax withholding

Indicated price per share $3.38 per share Valuation used for the 164 surrendered shares

Total holdings after transaction 320,071 shares Reported total associated with the award following the disposition

Directly held shares 12,920 shares Direct holdings noted in footnote

Unvested RSUs 307,151 RSUs Unvested restricted stock units disclosed in footnote

Key Terms

restricted stock units, tax withholding, Form 4, Chief Operating Officer

4 terms

restricted stock units financial

"shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding financial

"shares surrendered to cover tax withholding for the vesting of restricted stock units"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

Form 4 regulatory

"footnote disclosure in the Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Chief Operating Officer financial

"Krispy Kreme, Inc. Chief Operating Officer Nicola Steele reported a small share disposition"

A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.

Form 4 Insider Transactions: What Each Field Means →

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^*

Steele Nicola

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS STREET, SUITE 101

(Street)

CHARLOTTE NORTH CAROLINA 28203

(City) (State) (Zip)

UNITED STATES

(Country)

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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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

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

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

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	04/02/2026		F		164(1)	D	$3.38	320,071(2)	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. Direct: 12,920, Unvested RSUs: 307,151.

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Krispy Kreme (DNUT) report for Nicola Steele?

Krispy Kreme reported that Chief Operating Officer Nicola Steele surrendered 164 shares of common stock to cover tax withholding on vesting restricted stock units. This was an administrative tax-withholding disposition, not an open-market purchase or sale of additional shares.

Was the Krispy Kreme (DNUT) insider transaction an open-market sale?

No. The filing shows 164 shares were surrendered solely to satisfy tax withholding on vested restricted stock units. This type of Form 4 transaction is compensation-related and does not represent a discretionary open-market sale decision by the executive.

How many Krispy Kreme (DNUT) shares does Nicola Steele hold after this Form 4?

Following the tax-withholding disposition, Nicola Steele is reported with 320,071 shares linked to this award, including 12,920 shares held directly and 307,151 unvested restricted stock units, according to the footnote disclosure in the Form 4 filing.

What price per share is reported in the Krispy Kreme (DNUT) Form 4 transaction?

The Form 4 reports an indicated price of $3.38 per share for the 164 shares surrendered. This figure is used to value the tax-withholding disposition tied to the vesting of restricted stock units rather than to describe an open-market trade.

What does transaction code F mean in the Krispy Kreme (DNUT) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Krispy Kreme filing, it reflects shares surrendered by Nicola Steele to cover tax withholding on vesting restricted stock units, rather than a typical buy or sell order.