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SBUX CL0 Pilar Ramos awarded 16,200 RSUs with annual vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Starbucks (SBUX) filed a Form 4 reporting an equity grant to an executive. EVP and Chief Legal Officer Pilar Ramos was awarded 16,200 restricted stock units on November 11, 2025 at a stated price of $0. Following the grant, the filing lists 16,200 shares beneficially owned, held directly.

The RSUs vest in four equal tranches of 4,050 shares each on November 11, 2026, November 11, 2027, November 11, 2028, and November 11, 2029, aligning compensation with multi‑year service milestones.

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).
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*
RAMOS PILAR

(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)
evp, chief legal officer
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025
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 11/11/2025 A 16,200(1) A $0 16,200 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. Restricted stock units granted on November 11, 2025 and vests in four increments of 4,050 shares each on November 11, 2026, November 11, 2027, November 11, 2028, and November 11, 2029.
/s/ Jonathan Miner, attorney-in-fact for Pilar Ramos 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 did Starbucks (SBUX) disclose in this Form 4?

An award of 16,200 restricted stock units to EVP and Chief Legal Officer Pilar Ramos on November 11, 2025.

How do the SBUX RSUs vest for this grant?

They vest in four equal tranches of 4,050 shares on 11/11/2026, 11/11/2027, 11/11/2028, and 11/11/2029.

What is the reported acquisition price for the RSUs?

The filing shows a price of $0 for the 16,200 RSUs.

What is the beneficial ownership after the reported transaction?

The filing lists 16,200 shares beneficially owned, held directly following the grant.

Who is the reporting person and their role at Starbucks (SBUX)?

The reporting person is Pilar Ramos, EVP, Chief Legal Officer.

What was the transaction date on the Form 4?

The transaction date was November 11, 2025.
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