Krispy Kreme Board Member Gets $700K+ Stock Package with 3-Year Lock-up
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krispy Kreme director Marissa Andrada received a significant equity grant on June 17, 2025, according to a Form 4 filing. The transaction details reveal:
- Acquisition of 47,795 restricted stock units (RSUs) at $0 cost
- RSUs will vest on June 17, 2028 (3-year vesting period)
- Upon vesting, RSUs convert to common stock on a one-for-one basis
- Following the transaction, Andrada's total beneficial ownership includes:
- 4,140 shares held directly
- 63,807 unvested RSUs
This equity grant appears to be part of director compensation and aligns the director's interests with shareholders through long-term vesting requirements. The transaction was reported within the required SEC filing deadline.
Positive
- Director Marissa Andrada received a significant equity grant of 47,795 RSUs worth approximately $716,925 (based on current market price), vesting in 2028, demonstrating long-term alignment with shareholder interests
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andrada Marissa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,795 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 67,947 shares (Direct)
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 June 17, 2028. Direct: 4,140, unvested RSUs: 63,807.
FAQ
When will Marissa Andrada's DNUT RSUs vest?
The RSUs granted to Marissa Andrada will vest on June 17, 2028, subject to certain terms and conditions.
What was the purchase price of DNUT RSUs granted to Marissa Andrada?
The RSUs were granted to Marissa Andrada at a price of $0, as they were awarded as part of director compensation rather than purchased.
What position does Marissa Andrada hold at DNUT according to the Form 4?
According to the Form 4 filing, Marissa Andrada serves as a Director of Krispy Kreme, Inc. (DNUT).