BNP Paribas discloses 8.93% Krispy Kreme (DNUT) ownership stake

Rhea-AI Filing Summary

BNP Paribas, a non‑U.S. bank registered in France, has reported beneficial ownership of 15,309,359.2 shares of Krispy Kreme Inc. common stock, representing 8.93% of the class as of the event date of 12/31/2025.

The firm reports sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority. BNP Paribas certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Krispy Kreme.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

KRISPY KREME INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

US50101L1061

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. US50101L1061

1

Names of Reporting Persons

BNP Paribas SA

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FRANCE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 15,309,359.20
6	Shared Voting Power 0.00
7	Sole Dispositive Power 15,309,359.20
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,309,359.20

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.93 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

Item 1.
(a)	Name of issuer: KRISPY KREME INC
(b)	Address of issuer's principal executive offices: 2116 HAWKINS STREET, Charlotte, NC 28203
Item 2.
(a)	Name of person filing: BNP Paribas SA
(b)	Address or principal business office or, if none, residence: 16 boulevard des Italiens, 75009 Paris
(c)	Citizenship: France
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: US50101L1061
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	A non US Bank registered in FRANCE
Item 4.	Ownership
(a)	Amount beneficially owned: 15309359.2
(b)	Percent of class: 8.93 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 15309359.2
	(ii) Shared power to vote or to direct the vote: 0.0
	(iii) Sole power to dispose or to direct the disposition of: 15309359.2
	(iv) Shared power to dispose or to direct the disposition of: 0.0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired andare held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect ofchanging or influencing the control of the issuer of the securities and were not acquired and are not held in connection withor as a participant in any transaction having that purpose or effect, other than activities solely in connection with anomination under § 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to A non US Bank registered in France is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BNP Paribas SA

Signature:	Steve Nawrocki
Name/Title:	MD, Head of EQD Americas
Date:	02/11/2026

FAQ

What percentage of Krispy Kreme (DNUT) shares does BNP Paribas own?

BNP Paribas reports beneficial ownership of 8.93% of Krispy Kreme’s common stock. This represents 15,309,359.2 shares for which it has sole voting and dispositive power as of the event date of December 31, 2025.

How many Krispy Kreme (DNUT) shares are beneficially owned by BNP Paribas?

BNP Paribas beneficially owns 15,309,359.2 shares of Krispy Kreme common stock. The filing states it holds sole power to vote and dispose of all these shares, with no shared voting or dispositive authority reported.

Is BNP Paribas seeking to influence control of Krispy Kreme (DNUT)?

BNP Paribas states the Krispy Kreme shares were acquired and are held in the ordinary course of business. It certifies they were not acquired and are not held for the purpose of changing or influencing control of the company.

What type of institution is BNP Paribas in the Krispy Kreme (DNUT) filing?

The filing identifies BNP Paribas as a non U.S. Bank registered in France. It also certifies that its foreign regulatory scheme is substantially comparable to that of a functionally equivalent U.S. institution under the relevant SEC rules.

Does BNP Paribas have sole or shared voting power over Krispy Kreme (DNUT) shares?

BNP Paribas reports sole voting power over 15,309,359.2 shares and no shared voting power. It also reports sole dispositive power over the same number of shares, with zero shared dispositive power indicated in the ownership section.

When was the ownership event for BNP Paribas’ Krispy Kreme (DNUT) stake?

The date of the event requiring the filing is December 31, 2025. The Schedule 13G reflects BNP Paribas’ beneficial ownership position in Krispy Kreme common stock as of that event date, crossing the disclosure threshold above five percent.