Krispy Kreme (DNUT) director receives 33,334 RSU grant vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sundaram Easwaran reported acquisition or exercise transactions in this Form 4 filing.
Krispy Kreme, Inc. director Sundaram Easwaran reported receiving a grant of 33,334 shares of common stock in the form of restricted stock units (RSUs). These RSUs were awarded at no cash cost per share and increase his direct holdings to 81,129 shares.
The RSUs will be settled on a one-for-one basis in common stock when they vest. According to the disclosure, the unvested RSUs are subject to certain terms and conditions and are scheduled to vest on June 10, 2029, making this a long-term equity compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sundaram Easwaran
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,334 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 81,129 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 June 10, 2029. Unvested RSUs.
Key Figures
RSU grant size: 33,334 shares
Grant price: $0.00 per share
Post-transaction holdings: 81,129 shares
+1 more
4 metrics
RSU grant size
33,334 shares
Restricted stock units of common stock granted to director
Grant price
$0.00 per share
Reported transaction price per share for RSU award
Post-transaction holdings
81,129 shares
Total common stock beneficially owned after the grant
Vesting date
June 10, 2029
Scheduled vesting date for the RSUs, subject to conditions
Key Terms
restricted stock units ("RSUs"), vest, beneficially owned
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 June 10, 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.
beneficially owned financial
"total_shares_following_transaction": "81129.0000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did Krispy Kreme (DNUT) report for Sundaram Easwaran?
Krispy Kreme reported that director Sundaram Easwaran received 33,334 restricted stock units (RSUs) of common stock as a grant. The award was recorded at a price of $0.00 per share, reflecting equity compensation rather than an open-market purchase.
What type of equity award did Krispy Kreme (DNUT) grant to Sundaram Easwaran?
The filing shows Krispy Kreme granted Sundaram Easwaran restricted stock units (RSUs) covering 33,334 shares of common stock. RSUs are a form of stock-based compensation that convert into shares upon vesting, aligning director incentives with long-term shareholder value.
When do Sundaram Easwaran’s Krispy Kreme (DNUT) RSUs vest?
The RSUs granted to Sundaram Easwaran are scheduled to vest on June 10, 2029, subject to certain terms and conditions. Once vested, each RSU will be settled on a one-for-one basis in Krispy Kreme common stock as described in the footnotes.
Was there any open-market buying or selling in this Krispy Kreme (DNUT) Form 4?
No open-market transactions were reported. The Form 4 records a grant of 33,334 restricted stock units at a price of $0.00 per share, categorized as a grant or award acquisition rather than a market purchase or sale of existing shares.