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Starbucks (NASDAQ: SBUX) exec sells 588 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

Starbucks executive Brady Brewer, who serves as CEO, International, sold 588 shares of Starbucks common stock in an open-market transaction at $100 per share. The sale was made under a pre-set Rule 10b5-1 trading plan adopted on December 3, 2025.

After this transaction, Brewer directly holds about 86,016.502 shares of Starbucks common stock, so the sale represents a small portion of his overall direct holdings and appears to be a routine, pre-planned disposition.

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)
03/09/2026
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 03/09/2026 S 588(1) D $100 86,016.502 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.
/s/ Joshua C. Gaul, attorney-in-fact for Brady Brewer 03/11/2026
** 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 did Starbucks (SBUX) executive Brady Brewer report in this Form 4?

Brady Brewer reported selling 588 Starbucks shares at $100 each. The transaction involved common stock in an open-market sale, and it was executed under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025, indicating a scheduled, rather than opportunistic, trade.

How many Starbucks (SBUX) shares did Brady Brewer sell and at what price?

Brady Brewer sold 588 shares of Starbucks common stock at $100 per share. This open-market sale totaled $58,800 in value, based on the reported transaction price, and was disclosed as a standard non-derivative stock transaction on the Form 4.

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

After the sale, Brady Brewer directly holds about 86,016.502 Starbucks shares. This remaining position shows that the 588-share sale is small relative to his overall direct ownership, suggesting the filing reflects a minor portfolio adjustment rather than a major change in stake.

Was Brady Brewer’s Starbucks (SBUX) share sale under a Rule 10b5-1 plan?

Yes, the sale was executed under a Rule 10b5-1 trading plan. A footnote states the plan was adopted on December 3, 2025, indicating the transaction was pre-scheduled, which generally reduces the significance of the trade’s timing as a market signal.

What type of transaction is shown in Brady Brewer’s Starbucks (SBUX) Form 4?

The Form 4 reports an open-market sale of common stock. The SEC transaction code is “S,” meaning a sale in the open market or a private transaction, and the filing does not include any option exercises, gifts, or tax-withholding events in this report.
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