Starbucks CEO Brian Niccol files Form 4 for 106,457 RSUs

Rhea-AI Filing Summary

Starbucks Corporation (SBUX) reported an insider equity grant for its chairman and CEO, Brian R. Niccol. On November 11, 2025, he acquired 106,457 shares at $0, reported as a grant of restricted stock units.

The RSUs vest in four installments: 26,615 shares on November 11, 2026, and 26,614 shares on each of November 11, 2027, November 11, 2028, and November 11, 2029. Following the transaction, Niccol beneficially owned 486,292.094 shares, held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Niccol Brian R

Role chairman and ceo

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	106,457	$0.00	--

Holdings After Transaction: Common Stock — 486,292.094 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Niccol Brian R

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	chairman and ceo

3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025

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	11/11/2025		A		106,457(1)	A	$0	486,292.094	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. Restricted stock units granted on November 11, 2025 and vests in one increment of 26,615 shares on November 11, 2026, and three increments of 26,614 shares each on November 11, 2027, November 11, 2028, and November 11, 2029.

	/s/ Jonathan Miner, attorney-in-fact for Brian R. Niccol	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 Starbucks (SBUX) disclose in this Form 4?

An insider equity grant to chairman and CEO Brian R. Niccol: 106,457 shares acquired at $0 on November 11, 2025.

How many RSUs were granted to Brian R. Niccol?

A total of 106,457 restricted stock units granted on November 11, 2025.

What is the RSU vesting schedule for the SBUX CEO?

Vesting occurs as 26,615 shares on Nov 11, 2026 and 26,614 shares on Nov 11 of 2027, 2028, and 2029.

What is Brian R. Niccol’s beneficial ownership after this grant?

He beneficially owned 486,292.094 shares following the reported transaction.

What is the ownership form of the reported holdings?

The holdings are reported as Direct (D) ownership.

What roles does the reporting person hold at Starbucks?

He is a Director and serves as chairman and CEO.