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Starbucks (SBUX) international CEO sells 1,641 shares in 10b5-1 trade

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Starbucks Corp executive Brady Brewer, CEO International, sold 1,641 shares of common stock in an open-market transaction at $97.12 per share. The sale on March 5, 2026 was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 3, 2025.

After the sale, Brewer directly owned 86,604.502 Starbucks shares. This total includes 589.367 shares that represent dividend equivalents on unvested time-based restricted stock units.

Positive

  • None.

Negative

  • None.
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).
X
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*
BREWER BRADY

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
ceo, International
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 S 1,641(1) D $97.12 86,604.502(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 sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025.
2. Includes 589.367 shares representing dividend equivalents on unvested time-based restricted stock units.
/s/ Joshua C. Gaul, attorney-in-fact for Brady Brewer 03/09/2026
** 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.

FAQ

What insider transaction did Starbucks (SBUX) report for Brady Brewer?

Starbucks reported that Brady Brewer sold 1,641 shares of common stock. The open-market sale occurred on March 5, 2026 at $97.12 per share, and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 3, 2025.

How many Starbucks (SBUX) shares does Brady Brewer hold after this sale?

After the transaction, Brady Brewer directly owned 86,604.502 Starbucks shares. This figure includes 589.367 shares representing dividend equivalents on unvested time-based restricted stock units, which are tied to future vesting of his time-based equity awards.

Was the Starbucks (SBUX) insider sale by Brady Brewer discretionary?

The sale was carried out under a Rule 10b5-1 trading plan adopted on December 3, 2025. Such plans allow executives to schedule trades in advance, helping separate personal trading decisions from later possession of potentially material non-public information.

What price did Brady Brewer’s Starbucks (SBUX) shares sell for?

The 1,641 Starbucks common shares sold by Brady Brewer were transacted at $97.12 per share. The filing characterizes the transaction as an open-market sale, consistent with a Rule 10b5-1 trading arrangement previously established by the executive.

What role does Brady Brewer hold at Starbucks (SBUX)?

Brady Brewer is identified as an officer of Starbucks with the title “CEO, International.” His Form 4 filing discloses his role along with details of the March 5, 2026 open-market sale conducted under a Rule 10b5-1 trading plan.
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