Starbucks CEO has 56K shares withheld for taxes

Starbucks’ CEO had shares withheld for taxes on RSU vesting, leaving about 428,697 directly held shares with no open market sale or Rule 10b5-1 plan reported.

Rhea-AI Filing Summary

STARBUCKS CORP (SBUX) reported that chairman and CEO Brian R. Niccol had 56,267 shares of common stock withheld on September 9, 2026 to satisfy tax withholding obligations upon vesting of restricted stock units, at a reference price of $100.04 per share. This was not an open market transaction, and his directly held stake after this tax-withholding disposition was 428,696.951 shares, which includes 10,493.713 shares representing dividend equivalents on unvested time-based restricted stock units. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Tax Withholding: 56,267 shares

Tax Withholding 1 txn

Insider Niccol Brian R

Role chairman and ceo

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	56,267	$100.04	$5.63M

Holdings After Transaction: Common Stock — 428,696.951 shares (Direct)

Footnotes (2)

1. F1. Shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units; not an open market transaction.
2. F2. Includes 10,493.713 shares representing dividend equivalents received on unvested time-based restricted stock units.

Key Figures

Shares withheld for taxes: 56,267 shares Reference price per share: $100.04 per share Shares held after transaction: 428,696.951 shares +1 more

4 metrics

Shares withheld for taxes 56,267 shares Shares of Starbucks common stock withheld on September 9, 2026 to satisfy tax withholding obligations upon RSU vesting

Reference price per share $100.04 per share Value used for the 56,267-share tax-withholding disposition

Shares held after transaction 428,696.951 shares Direct Starbucks common stock holdings of Brian R. Niccol following the reported transaction

Dividend equivalent shares included 10,493.713 shares Dividend equivalents on unvested time-based RSUs included in post-transaction direct holdings

Key Terms

restricted stock units, dividend equivalents, tax withholding obligations

3 terms

restricted stock units financial

"tax withholding obligations upon vesting of restricted stock units; not an open"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalents financial

"Includes 10,493.713 shares representing dividend equivalents received on"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

tax withholding obligations financial

"Shares withheld by the issuer to satisfy tax withholding obligations upon vesting"

FAQ

What transaction did Starbucks (SBUX) CEO Brian Niccol report on this Form 4?

He reported a tax-withholding disposition of 56,267 Starbucks common shares on September 9, 2026. The shares were withheld by the issuer to satisfy tax obligations upon vesting of restricted stock units and were not sold in the open market.

At what price were the SBUX shares valued for the CEO’s tax withholding?

The tax-withholding disposition for Starbucks (SBUX) chairman and CEO Brian Niccol used a reference price of $100.04 per share for 56,267 shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units.

How many Starbucks (SBUX) shares does the CEO hold after this reported transaction?

After the September 9, 2026 tax-withholding disposition, Starbucks (SBUX) chairman and CEO Brian Niccol directly holds 428,696.951 shares of common stock. This total includes 10,493.713 shares representing dividend equivalents on unvested time-based restricted stock units.

Was the Starbucks (SBUX) CEO’s September 9, 2026 transaction an open market sale?

No. The Form 4 states that the 56,267 shares were withheld by the issuer to satisfy tax withholding obligations upon RSU vesting and that this was not an open market transaction.

Was the SBUX Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 checkbox is shown as not affirmed, and no footnote indicates a trading plan. The filing therefore reports no Rule 10b5-1 plan for the September 9, 2026 tax-withholding disposition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/10/2026 - 07:57 PM Accepted by SEC EDGAR 09/10/2026 - 07:56 PM Learn about SEC filing dates

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^*

Niccol Brian R

(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
X	Officer (give title below)		Other (specify below)
	chairman and ceo

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

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	09/09/2026		F		56,267(1)	D	$100.04	428,696.951(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. Shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units; not an open market transaction.

2. Includes 10,493.713 shares representing dividend equivalents received on unvested time-based restricted stock units.

	/s/ Jonathan Miner, attorney-in-fact for Brian R. Niccol	09/10/2026
	** 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)