Krispy Kreme (DNUT) director receives 33,334 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krispy Kreme, Inc. director David J. Deno received an equity award of 33,334 restricted stock units (RSUs). The RSUs were granted at no cash cost and will vest on June 10, 2029, subject to stated terms and conditions. Upon vesting, each RSU converts into one share of common stock.
After this grant, Deno’s reported equity position consists of 93,032 directly held common shares and 91,813 unvested RSUs, for a total of 184,845 shares and RSUs reported in this filing. This reflects a compensation-related acquisition rather than an open‑market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deno David J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,334 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 184,845 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. Direct: 93,032; Unvested RSUs: 91,813.
Key Figures
RSUs granted: 33,334 RSUs
Grant price per RSU: $0.0000 per unit
Total equity position: 184,845 shares and RSUs
+3 more
6 metrics
RSUs granted
33,334 RSUs
Equity award to director David J. Deno on June 10, 2026
Grant price per RSU
$0.0000 per unit
Recorded transaction price for RSU award
Total equity position
184,845 shares and RSUs
Total reported for Deno following the transaction
Direct shares held
93,032 shares
Common stock held directly by Deno after grant
Unvested RSUs outstanding
91,813 RSUs
Total unvested RSUs reported for Deno after grant
RSU vesting date
June 10, 2029
Scheduled vesting date for the 33,334 RSUs
Key Terms
restricted stock units ("RSUs"), vest, unvested RSUs, grant, award, or other acquisition
4 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.
unvested RSUs financial
"Direct: 93,032; Unvested RSUs: 91,813."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Krispy Kreme (DNUT) report for David J. Deno?
Krispy Kreme reported that director David J. Deno received 33,334 restricted stock units (RSUs) as an equity award. The grant is compensation-related, carries no cash exercise price, and will convert into common shares when the RSUs vest under specified conditions.
How many RSUs did the Krispy Kreme (DNUT) director receive and when do they vest?
David J. Deno received 33,334 restricted stock units (RSUs) that vest on June 10, 2029. Once vested, each RSU is settled one-for-one in Krispy Kreme common stock, subject to the award’s terms and conditions described in the filing footnotes.
Was the Krispy Kreme (DNUT) Form 4 transaction an open-market stock purchase or sale?
The Form 4 transaction was not an open-market trade; it was a grant of 33,334 restricted stock units. The award was recorded at a price of $0.0000 per unit, indicating a compensation grant rather than a market purchase or sale of existing shares.
What are David J. Deno’s reported Krispy Kreme (DNUT) holdings after this RSU grant?
After the grant, David J. Deno is reported with 93,032 directly held Krispy Kreme common shares and 91,813 unvested RSUs. Together, these positions total 184,845 shares and RSUs reported in the filing as of the transaction date.
How do the new RSUs affect David J. Deno’s unvested Krispy Kreme (DNUT) awards?
The new 33,334 RSUs are part of a total 91,813 unvested RSUs reported for David J. Deno. These units represent future potential shares, which will be issued on a one-for-one basis in common stock upon vesting on June 10, 2029, subject to conditions.