Krispy Kreme (DNUT) accounting chief surrenders 7,998 shares for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krispy Kreme, Inc. Chief Accounting Officer Joseph J. Esposito reported a tax-related share disposition. He surrendered 7,998 shares of common stock at $3.53 per share to cover tax withholding tied to vesting of restricted stock units. After this non‑market transaction, he holds 120,353 shares, consisting of 30,958 direct shares and 89,395 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Esposito Joseph J
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,998 | $3.53 | $28K |
Holdings After Transaction:
Common Stock — 120,353 shares (Direct, null)
Footnotes (1)
- Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs"). Direct: 30,958; Unvested RSUs: 89,395
Key Figures
Tax-withholding shares: 7,998 shares
Tax-withholding price: $3.53 per share
Total holdings after transaction: 120,353 shares/RSUs
+2 more
5 metrics
Tax-withholding shares
7,998 shares
Common stock surrendered for RSU tax withholding
Tax-withholding price
$3.53 per share
Value used for 7,998 surrendered shares
Total holdings after transaction
120,353 shares/RSUs
Shares and unvested RSUs following disposition
Direct common shares
30,958 shares
Directly held Krispy Kreme common stock
Unvested RSUs
89,395 units
Unvested restricted stock units remaining
Key Terms
tax withholding, restricted stock units ("RSUs"), tax-withholding disposition, Form 4
4 terms
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.
restricted stock units ("RSUs") financial
"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 disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Krispy Kreme (DNUT) report for Joseph J. Esposito?
Krispy Kreme reported that Chief Accounting Officer Joseph J. Esposito surrendered 7,998 shares of common stock. The shares were used to cover tax withholding obligations related to the vesting of restricted stock units, not as an open-market sale.
Was the July 2026 DNUT insider transaction an open-market sale?
No. The 7,998 Krispy Kreme shares were surrendered to cover tax withholding on RSU vesting. This tax-withholding disposition is a mechanical event rather than a discretionary open-market sale of shares.
What does the Form 4 tax-withholding code F mean for Krispy Kreme (DNUT)?
Code F on the Krispy Kreme Form 4 indicates a tax-withholding disposition. It shows shares were delivered to satisfy tax liability or exercise price, rather than being voluntarily bought or sold on the open market.