Krispy Kreme COO logs tax-withholding share disposition

Krispy Kreme, Inc. Chief Operating Officer Nicola Steele reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Krispy Kreme, Inc. Chief Operating Officer Nicola Steele reported a routine tax-related share disposition. On the vesting of restricted stock units, 8,137 shares of common stock were surrendered at $3.64 per share to cover tax withholding obligations, not as an open-market sale.

After this transaction, Steele’s holdings total 311,934 shares and RSUs, including 32,635 directly held shares and 279,299 unvested RSUs, indicating she retains a substantial equity stake in the company.

Insider Trade Summary

Exercise Price or Tax Liability: 8,137 shares

Exercise Price or Tax Liability 1 txn

Insider Steele Nicola

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	8,137	$3.64	$30K

Holdings After Transaction: Common Stock — 311,934 shares (Direct)

Footnotes (2)

1. F1. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs").
2. F2. Direct: 32,635; unvested RSUs: 279,299.

Key Figures

Shares surrendered for tax withholding: 8,137 shares Tax-withholding price: $3.64 per share Total holdings after transaction: 311,934 shares/RSUs +2 more

5 metrics

Shares surrendered for tax withholding 8,137 shares RSU vesting tax-withholding disposition on Common Stock

Tax-withholding price $3.64 per share Value applied to surrendered shares

Total holdings after transaction 311,934 shares/RSUs Equity position following Form 4 transaction

Directly held shares 32,635 shares Direct ownership noted in footnote

Unvested RSUs 279,299 RSUs Unvested restricted stock units remaining

Key Terms

restricted stock units ("RSUs"), tax withholding, Common Stock

3 terms

restricted stock units ("RSUs") financial

"Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs")."

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.

tax withholding financial

"shares surrendered to cover tax withholding for the vesting of restricted stock units"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Krispy Kreme (DNUT) report for COO Nicola Steele?

Krispy Kreme reported that COO Nicola Steele surrendered 8,137 shares to cover tax withholding on vested RSUs. This was recorded at $3.64 per share and reflects a tax-related disposition rather than an open-market sale of shares.

Was Nicola Steele’s Krispy Kreme (DNUT) Form 4 transaction an open-market sale?

No. The Form 4 states the 8,137 shares were surrendered to satisfy tax withholding on restricted stock unit vesting. This tax-withholding disposition is a common, mechanical event and does not represent a discretionary open-market sale of Krispy Kreme shares.

How many Krispy Kreme (DNUT) shares does COO Nicola Steele hold after the transaction?

Following the tax-withholding disposition, Nicola Steele holds 311,934 Krispy Kreme equity units in total. Footnotes specify this includes 32,635 directly held common shares and 279,299 unvested restricted stock units that continue to represent potential future share delivery.

What price was used for Nicola Steele’s tax-withholding share disposition at Krispy Kreme (DNUT)?

The surrender of 8,137 Krispy Kreme common shares for tax withholding was valued at $3.64 per share. This price is used in the Form 4 to calculate the value of shares applied toward covering the tax liability on RSU vesting.

What does the Krispy Kreme (DNUT) Form 4 reveal about Nicola Steele’s RSUs?

The Form 4 notes that Nicola Steele’s transaction arose from the vesting of restricted stock units and that she has 279,299 unvested RSUs remaining. These units may convert into Krispy Kreme common shares in the future, subject to their vesting conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 04:34 PM EDT Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

Steele Nicola

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS STREET, SUITE 101

(Street)

CHARLOTTE NORTH CAROLINA 28203

(City) (State) (Zip)

UNITED STATES

(Country)

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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/08/2026		F		8,137(1)	D	$3.64	311,934(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: 32,635; unvested RSUs: 279,299.

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)