Smith Cathy R 4
Research Summary
AI-generated summary
Starbucks (SBUX) CFO Cathy R. Smith Withholds 2,231 Shares for Taxes
What Happened
- Cathy R. Smith, Executive Vice President and Chief Financial Officer of Starbucks Corporation, had 2,231.435 shares withheld by the company on 2026-03-24 to satisfy tax withholding obligations related to vested restricted stock units (reported as a disposition).
- The withholding was valued at $91.98 per share for a total of $205,247. This was a tax-withholding action (not a purchase or open-market sale).
Key Details
- Transaction date and price: 2026-03-24 at $91.98 per share.
- Shares withheld/disposed: 2,231.435 shares; total value $205,247.
- Shares owned after transaction: Not reported in the provided filing excerpt.
- Footnotes: F1 — shares were withheld by the issuer to satisfy tax withholding on RSU vesting (not an open-market trade). F2 — the figure includes 860.423 shares representing dividend equivalents on unvested time‑based RSUs.
- Filing timeliness: Filed 2026-03-26 for a 2026-03-24 transaction — appears timely (within the standard Form 4 reporting window).
Context
- This was a tax-withholding disposition tied to RSU vesting (a common administrative action), not an indication of a deliberate open-market sale or a purchase signal. Dividend equivalents were included in the withheld amount, and no 10b5-1 or late-filing concerns are indicated in the provided data.