STOCK TITAN

Krispy Kreme (DNUT) director-linked LLC acquires 630K shares in open market

Filing Impact
(Very High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Krispy Kreme, Inc. director Bernardo Hees, through BHBK LLC, made a series of open‑market purchases of company common stock. On June 4, BHBK LLC bought 150,000 shares at a weighted average price of $3.2896 per share. On June 3, it bought 170,596 shares at $3.3450 per share, and on June 2 it purchased 235,875 shares at $3.3900 per share. On June 1, it acquired a further 73,640 shares at $3.4360 per share. In total, the filing shows 630,111 shares of Krispy Kreme common stock bought in open‑market transactions, increasing indirect holdings via BHBK LLC to 1,549,633 shares. The filing also notes 85,413 unvested RSUs, highlighting a substantial ongoing equity stake aligned with shareholders.

Positive

  • None.

Negative

  • None.

Insights

Director-linked entity accumulated 630,111 DNUT shares in open-market buys.

Bernardo Hees, a director of Krispy Kreme, oversaw four open‑market purchases via BHBK LLC, totaling 630,111 common shares at prices between about $3.29 and $3.44 per share. These transactions are all net buying, with no sales reported.

After these trades, indirect holdings through BHBK LLC rose to 1,549,633 shares of common stock. The filing also references 85,413 unvested RSUs, indicating additional equity exposure that vests over time, though specific vesting dates are not detailed in the excerpt.

Because these are open‑market purchases rather than option exercises or tax withholdings, they represent active buying decisions. The overall impact depends on how this ownership level compares with Kripsy Kreme’s total shares outstanding, which is not specified in the provided data.

Insider Hees Bernardo
Role null
Bought 630,111 shs ($2.12M)
Type Security Shares Price Value
Purchase Common Stock 150,000 $3.2896 $493K
Purchase Common Stock 170,596 $3.345 $571K
Purchase Common Stock 235,875 $3.39 $800K
Purchase Common Stock 73,640 $3.436 $253K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,549,633 shares (Indirect, Held by BHBK LLC); Common Stock — 702,728 shares (Direct, null)
Footnotes (1)
  1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.385 to $3.500 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1), (3), (4), and (5) to this Form 4. Includes shares held by BHBK LLC of which Mr. Hees exercises sole investment power. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.360 to $3.400 per share, inclusive. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.325 to $3.350 per share, inclusive. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.2650 to $3.3000 per share, inclusive. Direct: 617,315; Unvested RSUs: 85,413
Total shares bought 630,111 shares Open-market purchases over June 1–4, 2026
June 4 purchase 150,000 shares at $3.2896/share Common stock open-market buy
June 3 purchase 170,596 shares at $3.3450/share Common stock open-market buy
June 2 purchase 235,875 shares at $3.3900/share Common stock open-market buy
June 1 purchase 73,640 shares at $3.4360/share Common stock open-market buy
Indirect holdings after trades 1,549,633 shares Common stock held via BHBK LLC
Unvested RSUs 85,413 units Restricted stock units noted in footnote
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
unvested RSUs financial
"Direct: 617,315; Unvested RSUs: 85,413"
indirect ownership financial
""ownership_type": "indirect""
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Hees Bernardo

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026P73,640A$3.436(1)993,162IHeld by BHBK LLC(2)
Common Stock06/02/2026P235,875A$3.39(3)1,229,037IHeld by BHBK LLC(2)
Common Stock06/03/2026P170,596A$3.345(4)1,399,633IHeld by BHBK LLC(2)
Common Stock06/04/2026P150,000A$3.2896(5)1,549,633IHeld by BHBK LLC(2)
Common Stock702,728(6)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.385 to $3.500 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1), (3), (4), and (5) to this Form 4.
2. Includes shares held by BHBK LLC of which Mr. Hees exercises sole investment power.
3. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.360 to $3.400 per share, inclusive.
4. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.325 to $3.350 per share, inclusive.
5. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.2650 to $3.3000 per share, inclusive.
6. Direct: 617,315; Unvested RSUs: 85,413
Remarks:
/s/ Christine McDevitt, Attorney-in-fact06/04/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did Krispy Kreme (DNUT) report for Bernardo Hees?

The filing shows BHBK LLC, associated with director Bernardo Hees, bought 630,111 Krispy Kreme common shares in open‑market transactions over June 1–4, 2026, at weighted average prices between about $3.29 and $3.44 per share, with no reported share sales.

How many Krispy Kreme (DNUT) shares does BHBK LLC hold after these transactions?

Following the reported purchases, BHBK LLC holds 1,549,633 Krispy Kreme common shares indirectly for director Bernardo Hees. This reflects the cumulative impact of the four open‑market buys disclosed in the Form 4 during early June 2026.

What prices were paid for the recent Krispy Kreme (DNUT) insider share purchases?

The Form 4 reports weighted average purchase prices of $3.4360, $3.3900, $3.3450, and $3.2896 per Krispy Kreme share across four trading days in June 2026. Footnotes note each figure aggregates multiple trades within specified intraday price ranges.

Were the Krispy Kreme (DNUT) insider transactions open‑market purchases or option exercises?

All four reported Krispy Kreme transactions for BHBK LLC are coded “P,” indicating open‑market or private purchases of common stock. The filing shows no derivative exercises, tax‑withholding dispositions, or gifts, and derivative positions are listed as empty in the summary.

Does Bernardo Hees hold additional Krispy Kreme (DNUT) equity beyond common shares?

Yes. A footnote in the Form 4 states that, in addition to common stock, there are 85,413 unvested restricted stock units (RSUs) linked to Bernardo Hees. These RSUs represent future share delivery subject to vesting conditions described in company compensation arrangements.

How many total Krispy Kreme (DNUT) shares did the insider buy during this Form 4 period?

During this period, BHBK LLC bought a total of 630,111 Krispy Kreme common shares in four transactions on June 1, 2, 3, and 4, 2026. Each transaction is reported as an open‑market purchase with specific share counts and weighted average prices.