Starbucks (SBUX) director receives 4,099 fully vested deferred stock units

Rhea-AI Filing Summary

Campion Andrew reported acquisition or exercise transactions in this Form 4 filing.

Starbucks director Andrew Campion received a grant of 4,099 shares of common stock as restricted stock units on March 25, 2026. The units were fully vested at grant and are deferred until his service as a director ends under the Deferred Compensation Plan for Non-Employee Directors.

Following this award, Campion directly holds 30,133.049 shares of Starbucks common stock, which includes 705.714 deferred stock units credited as dividends through a dividend reinvestment plan. This is a compensation-related equity grant rather than an open-market purchase or sale.

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^*

Campion Andrew

(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		4,099(1)	A	$0	30,133.049(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 705.714 deferred stock units, representing dividends on deferred stock units pursuant to a dividend reinvestment plan.

	/s/ Michael Payant, attorney-in-fact for Andrew Campion	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 did Starbucks (SBUX) director Andrew Campion report in this Form 4?

Andrew Campion reported receiving 4,099 Starbucks common stock units as a grant. These restricted stock units were fully vested at grant and are deferred under the company’s Deferred Compensation Plan for Non-Employee Directors until his board service ends.

How many Starbucks shares did Andrew Campion receive in this equity grant?

Andrew Campion received 4,099 shares of Starbucks common stock through restricted stock units. The award was granted at no cash cost per share and represents compensation for his service as a non-employee director on the company’s board.

Are Andrew Campion’s new Starbucks restricted stock units immediately vested?

Yes, the 4,099 restricted stock units were fully vested at the time of grant. Although vested, settlement is deferred until his termination of service as a director, consistent with Starbucks’ Deferred Compensation Plan for Non-Employee Directors.

When will Andrew Campion receive the Starbucks shares from this Form 4 grant?

The grant is deferred until Andrew Campion’s termination of service as a director. While the restricted stock units vested immediately, actual share delivery occurs under the timing rules of the Deferred Compensation Plan for Non-Employee Directors.

How many Starbucks shares does Andrew Campion hold after this reported transaction?

After the grant, Andrew Campion directly holds 30,133.049 Starbucks shares. This total includes 705.714 deferred stock units that represent dividends on prior deferred units, accrued through a dividend reinvestment plan.

Does the Starbucks Form 4 for Andrew Campion show any stock sales or purchases?

No open-market purchases or sales are reported in this Form 4. The filing only records a compensation-related grant of 4,099 restricted stock units that are fully vested and deferred, with no indicated trading activity in the open market.