Krispy Kreme Executive Holds 86,451 Shares After RSU Tax Settlement

Rhea-AI Filing Summary

Krispy Kreme Chief Accounting Officer Kelly P. McBride reported a Form 4 filing on June 28, 2025, disclosing transactions from June 20, 2025. The key details include:

• McBride surrendered 4,767 shares of common stock at $2.67 per share to cover tax withholding obligations related to the vesting of restricted stock units (RSUs)
• Following the transaction, McBride beneficially owns 86,451 shares, consisting of: - 9,251 direct shares - 77,200 unvested RSUs
• The transaction was coded as 'F'

This routine transaction represents standard tax withholding practices for executive equity compensation and does not indicate a discretionary sale by the insider.

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

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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^*

McBride Kelly P

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS ST

(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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

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	06/20/2025		F		4,767(1)	D	$2.67	86,451(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: 9,251, unvested RSUs: 77,200.

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	06/23/2025
	** 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).
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FAQ

What insider transaction did DNUT's Chief Accounting Officer Kelly McBride report on June 20, 2025?

Kelly McBride surrendered 4,767 shares of DNUT common stock at $2.67 per share to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).

How many DNUT shares does Kelly McBride own after the June 2025 transaction?

Following the transaction, Kelly McBride beneficially owns a total of 86,451 shares, consisting of 9,251 direct shares and 77,200 unvested restricted stock units (RSUs).

What was the purpose of DNUT insider Kelly McBride's stock sale in June 2025?

The transaction wasn't a traditional sale - it was a surrender of shares specifically to cover tax withholding obligations resulting from the vesting of restricted stock units (RSUs), as indicated in the filing's explanatory notes.

What is Kelly McBride's role at DNUT and when did she report the Form 4 transaction?

Kelly McBride serves as Chief Accounting Officer at Krispy Kreme (DNUT). The Form 4 transaction occurred on June 20, 2025, and was reported to the SEC on June 23, 2025, within the required reporting window.