[Form 4] Krispy Kreme, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Krispy Kreme, Inc. (DNUT) reported an insider equity transaction by its Chief Financial Officer on a Form 4. On 11/17/2025, the CFO surrendered 3,982 shares of common stock in a transaction coded “F,” which reflects shares withheld to cover tax obligations arising from the vesting of restricted stock units (RSUs). After this tax-withholding event, the CFO beneficially owns a total of 558,801 shares, consisting of 143,902 directly held shares and 414,899 unvested RSUs.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Duvivier Raphael

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS STREET, SUITE 101

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

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	11/17/2025		F		3,982(1)	D	$4.08	558,801(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: 143,902; Unvested RSUs: 414,899.

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	11/18/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Krispy Kreme (DNUT) report on this Form 4?

The Form 4 reports that Krispy Kreme’s Chief Financial Officer surrendered 3,982 shares of common stock on 11/17/2025 in a transaction coded “F,” representing shares withheld to cover taxes due on the vesting of restricted stock units (RSUs).

Who is the reporting person in the Krispy Kreme (DNUT) Form 4 filing?

The reporting person is Krispy Kreme, Inc.’s Chief Financial Officer, who is identified as an officer of the company and is filing individually as indicated by the box checked for “Form filed by One Reporting Person.”

How many Krispy Kreme (DNUT) shares does the CFO beneficially own after the reported transaction?

Following the reported tax-withholding transaction, the CFO beneficially owns a total of 558,801 shares of Krispy Kreme common stock, including 143,902 shares held directly and 414,899 unvested RSUs.

What does the transaction code “F” mean in the Krispy Kreme (DNUT) Form 4?

The transaction code “F” indicates a payment of tax liability by delivering or withholding securities, in this case 3,982 shares surrendered to cover tax withholding due upon the vesting of RSUs.

Is the Krispy Kreme (DNUT) insider transaction related to restricted stock units (RSUs)?

Yes. The explanation of responses states that the reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units (RSUs), and it notes that the CFO holds 414,899 unvested RSUs.

Does the Krispy Kreme (DNUT) Form 4 indicate joint filing by multiple reporting persons?

No. The Form 4 indicates that it is filed by one reporting person, as reflected by the checked box for “Form filed by One Reporting Person.”