Starbucks (SBUX) director receives 3,667 fully vested deferred stock units

Rhea-AI Filing Summary

SERVITJE DANIEL reported acquisition or exercise transactions in this Form 4 filing.

Starbucks director Daniel Servitje reported receiving a grant of 3,667 shares of Common Stock in the form of restricted stock units on March 25, 2026. According to the filing, these units were fully vested at the time of grant but are deferred until he leaves the board under the Deferred Compensation Plan for Non-Employee Directors.

Following this award, Servitje directly holds a total of 11,187 shares, which includes 204 deferred stock units credited as dividend reinvestments on existing deferred stock units under a dividend reinvestment plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SERVITJE DANIEL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,667	$0.00	--

Holdings After Transaction: Common Stock — 11,187 shares (Direct)

Footnotes (1)

1. Represents restricted stock units granted on March 25, 2026, fully vested at the time of the grant, and deferred until termination of service as a director pursuant to the Deferred Compensation Plan for Non-Employee Directors. Includes 204 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^*

SERVITJE DANIEL

(Last) (First) (Middle)

2401 UTAH AVENUE SOUTH

(Street)

SEATTLE WASHINGTON 98134

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/25/2026		A		3,667(1)	A	$0	11,187(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. Represents restricted stock units granted on March 25, 2026, fully vested at the time of the grant, and deferred until termination of service as a director pursuant to the Deferred Compensation Plan for Non-Employee Directors.

2. Includes 204 deferred stock units, representing dividends on deferred stock units pursuant to a dividend reinvestment plan.

	/s/ Michael Payant, attorney-in-fact for Daniel Servitje	03/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Starbucks (SBUX) director Daniel Servitje report?

Daniel Servitje reported an equity grant, not an open-market trade. He received 3,667 shares of Starbucks Common Stock as restricted stock units on March 25, 2026, which were fully vested at grant and deferred under the company’s Deferred Compensation Plan for Non-Employee Directors.

How many Starbucks (SBUX) shares does Daniel Servitje hold after this Form 4 filing?

After the reported grant, Daniel Servitje holds 11,187 Starbucks shares directly. This total includes the 3,667 restricted stock units granted on March 25, 2026 and 204 deferred stock units that represent reinvested dividends on previously deferred stock units.

Was the Starbucks (SBUX) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 reports a compensation-related grant, not a market purchase. The 3,667 shares were awarded as restricted stock units at a reported price of $0.00 per share, reflecting an equity grant under Starbucks’ director compensation program rather than an open-market buy or sell.

How are Daniel Servitje’s Starbucks (SBUX) restricted stock units structured and vested?

The reported restricted stock units were fully vested at grant. They were granted on March 25, 2026, and are deferred until termination of service as a director under the Deferred Compensation Plan for Non-Employee Directors, meaning payout timing is tied to when board service ends.

What are the 204 deferred stock units mentioned in Starbucks (SBUX) director holdings?

The 204 deferred stock units represent reinvested dividends. They arise from a dividend reinvestment plan on existing deferred stock units, adding to Daniel Servitje’s deferred equity position and are included within his total 11,187 Starbucks shares reported after the transaction.