Starbucks (NASDAQ: SBUX) director granted 3,937 fully vested deferred RSUs

Rhea-AI Filing Summary

FORD BETH reported acquisition or exercise transactions in this Form 4 filing.

Starbucks director Beth Ford reported a stock-based compensation award. She received 3,937 shares of Starbucks common stock on March 25, 2026 as a grant classified as restricted stock units that were fully vested at grant and deferred until she leaves the board under the Deferred Compensation Plan for Non-Employee Directors.

After this award, her directly held and deferred Starbucks holdings total 14,638 shares, which include 292 deferred stock units that represent reinvested dividends on earlier deferred stock units.

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
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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^*

FORD BETH

(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		3,937(1)	A	$0	14,638(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 292 deferred stock units, representing dividends on deferred stock units pursuant to a dividend reinvestment plan.

	/s/ Michael Payant, attorney-in-fact for Beth Ford	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 Beth Ford report?

Beth Ford reported receiving 3,937 Starbucks common shares as a stock award, not a market purchase. The grant was fully vested at issuance and structured as restricted stock units deferred under Starbucks’ Deferred Compensation Plan for Non-Employee Directors until her board service ends.

Was Beth Ford’s Starbucks (SBUX) Form 4 transaction a stock purchase or compensation grant?

The Form 4 shows a compensation grant, not an open-market purchase. Code “A” indicates a grant or award, with 3,937 restricted stock units fully vested at grant and deferred under the non-employee director deferred compensation plan rather than bought in the market.

How many Starbucks (SBUX) shares does Beth Ford hold after this Form 4 filing?

Following the reported grant, Beth Ford’s direct and deferred Starbucks holdings total 14,638 shares. This figure includes 292 deferred stock units that represent dividends reinvested on previously deferred stock units, as described in the accompanying Form 4 footnote disclosure.

What are the terms of Beth Ford’s new Starbucks (SBUX) restricted stock units?

The 3,937 restricted stock units granted to Beth Ford on March 25, 2026 were fully vested immediately. However, the units are deferred until her termination of service as a director, consistent with Starbucks’ Deferred Compensation Plan for Non-Employee Directors referenced in the filing.

How are dividends on Beth Ford’s Starbucks (SBUX) deferred units treated?

Dividends on Beth Ford’s existing deferred stock units are reinvested as additional deferred stock units. The Form 4 notes that her position includes 292 such dividend-derived units, accumulated through a dividend reinvestment plan linked to prior deferred awards.