Director at Starbucks (SBUX) receives 4,746 fully vested share award

Rhea-AI Filing Summary

KNUDSTORP JORGEN VIG reported acquisition or exercise transactions in this Form 4 filing.

Starbucks Corp director Jorgen Vig Knudstorp received an equity award of 4,746 shares of common stock on March 25, 2026. The award is in the form of restricted stock units that were fully vested at grant and deferred under the Deferred Compensation Plan for Non-Employee Directors. Following this grant, his directly held and deferred Starbucks equity totals 57,752.05 shares, reflecting routine compensation 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^*

KNUDSTORP JORGEN VIG

(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		4,746(1)	A	$0	57,752.05	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 pursuant to the Deferred Compensation Plan for Non-Employee Directors.

	/s/ Michael Payant, attorney-in-fact for Jorgen Vig Knudstorp	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) report for Jorgen Vig Knudstorp?

Starbucks reported that director Jorgen Vig Knudstorp received an award of 4,746 shares of common stock as restricted stock units. These units were fully vested upon grant and are deferred under the company’s Deferred Compensation Plan for Non-Employee Directors, reflecting routine board compensation.

Was the Starbucks (SBUX) insider transaction a stock purchase or sale?

The transaction was an acquisition via a grant of restricted stock units, not a market purchase or sale. The Form 4 classifies it as a grant, award, or other acquisition, with no cash price per share reported, indicating standard non-employee director equity compensation.

How many Starbucks (SBUX) shares does Jorgen Vig Knudstorp hold after this grant?

After receiving the 4,746-share restricted stock unit grant, Jorgen Vig Knudstorp’s directly held and deferred Starbucks equity position totals 57,752.05 shares. This figure, reported in the Form 4, shows his ongoing ownership stake as a non-employee director following the compensation award.

What are the terms of the Starbucks (SBUX) restricted stock units granted to Jorgen Vig Knudstorp?

The restricted stock units were granted on March 25, 2026, were fully vested at the time of grant, and are deferred under Starbucks’ Deferred Compensation Plan for Non-Employee Directors. This means he earned the shares immediately but receives them later according to the plan’s rules.

Does the Starbucks (SBUX) Form 4 mention a price paid for the granted shares?

No purchase price was paid for these shares; the transaction price per share is reported as 0.0000. The shares were received as a non-cash equity award for board service, consistent with the description of a grant, award, or other acquisition in the Form 4.