[Form 4] Krispy Kreme, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Charlesworth Josh, listed as CEO and a Director of Krispy Kreme, Inc. (DNUT), reported a transaction dated 10/01/2025 on Form 4 showing 9,549 shares of common stock disposed at $3.87 each. The filing explains these shares were surrendered to cover tax withholding related to the vesting of restricted stock units (RSUs). After the reported transaction, the filing shows total direct beneficial ownership of 1,080,137 shares, which the filer breaks down as 57,455 shares held directly and 1,022,682 in unvested RSUs. The report also lists indirect holdings of 281,857 shares via a Family LLC and 276,671 via a Revocable Trust.
Positive
- Maintains significant beneficial ownership: 1,080,137 shares direct (including 1,022,682 unvested RSUs) plus 281,857 and 276,671 held indirectly
- Disposition was for tax withholding on RSU vesting, indicating the sale was administrative rather than a reported open-market divestiture
Negative
- Reported disposition of 9,549 shares on 10/01/2025 at $3.87 per share
Insights
Insider sold 9,549 shares to satisfy taxes on vested RSUs; retains significant ownership.
The Form 4 shows a 10/01/2025 disposition of 9,549 shares at $3.87 per share, described as surrendered to cover tax withholding for vested RSUs. This is an administrative sale tied to compensation rather than an open-market liquidity decision disclosed in the filing.
The filer still reports combined beneficial positions totaling 1,080,137 shares direct (including 1,022,682 unvested RSUs) plus 281,857 and 276,671 shares held indirectly via a Family LLC and a Revocable Trust, respectively, indicating continued material insider ownership.