SBUX Form 4: Director purchase; holdings now 53,096.479 shares

Rhea-AI Filing Summary

Starbucks (SBUX) insider activity: Director Jorgen Vig Knudstorp reported an open‑market purchase (transaction code P) of 11,700 shares of common stock at a weighted average price of $85 on 11/10/2025.

Following the purchase, he beneficially owned 53,096.479 shares, held directly. The filing notes that the reported price is a weighted average within a $1 range, and includes 274.749 deferred stock units attributable to dividends under a dividend reinvestment plan.

Insider Trade Summary

Net Buyer: 11,700 shares ($994,500)

Net Buy 1 txn

Insider KNUDSTORP JORGEN VIG

Role Director

Bought 11,700 shs ($995K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	11,700	$85.00	$995K

Holdings After Transaction: Common Stock — 53,096.479 shares (Direct)

Footnotes (1)

1. The price reported in the column 4 is a weighted average price. Each price was within a $1 price range. The Reporting Person will undertake to provide to the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price. Includes 274.749 deferred stock units, representing dividends on deferred stock units pursuant to a dividend reinvestment plan.

Form 4 Insider Transactions: What Each Field Means →

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^*

KNUDSTORP JORGEN VIG

(Last) (First) (Middle)

2401 UTAH AVENUE SOUTH

(Street)

SEATTLE WA 98134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STARBUCKS CORP [ SBUX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

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	11/10/2025		P		11,700	A	$85(1)	53,096.479(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. The price reported in the column 4 is a weighted average price. Each price was within a $1 price range. The Reporting Person will undertake to provide to the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price.

2. Includes 274.749 deferred stock units, representing dividends on deferred stock units pursuant to a dividend reinvestment plan.

	/s/ Jonathan Miner, attorney-in-fact for Jorgen Vig Knudstorp	11/13/2025
	** 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 Starbucks (SBUX) disclose?

A director purchased 11,700 shares of common stock in an open‑market transaction (code P).

What price did the SBUX director pay for the shares?

A weighted average price of $85, with individual trades within a $1 range.

When did the Starbucks insider transaction occur?

On 11/10/2025.

How many Starbucks shares does the reporting person own after the trade?

53,096.479 shares, held directly.

Who conducted the transaction reported for SBUX?

Director Jorgen Vig Knudstorp.

Were any derivative securities reported for SBUX in this filing?

No derivative securities were reported in Table II.

Does the holding include deferred stock units for SBUX?

Yes, it includes 274.749 deferred stock units from dividend reinvestment.