[Form 4] STARBUCKS CORP Insider Trading Activity

Rhea-AI Filing Summary

Starbucks (SBUX) officer Brady Brewer reported equity transactions. On 11/10/2025, 825.465 shares were withheld at $84.60 to cover taxes upon RSU vesting. On 11/11/2025, he reported acquisitions at no cost tied to equity awards: 7,951 shares from performance-based RSUs that vest on November 18, 2025, and a grant of 16,200 RSUs.

The 16,200 RSUs vest in four equal tranches of 4,050 shares on November 11 of 2026, 2027, 2028, and 2029. Following these transactions, beneficial ownership stands at 94,702.076 shares, which includes 999.162 shares from dividend equivalents on unvested time-based RSUs. Ownership is direct.

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

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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^*

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)
11/10/2025

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	11/10/2025		F		825.465(1)	D	$84.6	70,551.076	D
Common Stock	11/11/2025		A		7,951(2)	A	$0	78,502.076	D
Common Stock	11/11/2025		A		16,200(3)	A	$0	94,702.076(4)	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. Shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units; not an open market transaction.

2. Restricted stock units (RSUs) earned on the achievement of performance goals under performance-based restricted stock units granted on November 18, 2022. The reported RSUs vest November 18, 2025.

3. 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.

4. Includes 999.162 shares representing dividend equivalents on unvested time-based RSUs.

	/s/ Jonathan Miner, attorney-in-fact for Brady Brewer	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 SBUX officer Brady Brewer report on Form 4?

He reported tax withholding of 825.465 shares at $84.60, acquisition of 7,951 shares from performance-based RSUs, and a grant of 16,200 RSUs.

How many Starbucks shares does Brady Brewer now beneficially own?

He beneficially owns 94,702.076 shares, including 999.162 shares from dividend equivalents on unvested time-based RSUs.

When do the newly granted 16,200 RSUs vest for SBUX’s officer?

They vest in four increments of 4,050 shares each on November 11 of 2026, 2027, 2028, and 2029.

What was the price for the RSU-related share acquisitions?

The acquisitions were reported at $0 as they reflect RSU settlements and grants, not open market purchases.

What was the purpose of the 825.465-share disposition on 11/10/2025?

Shares were withheld by the issuer to satisfy tax withholding obligations upon RSU vesting; it was not an open market transaction.