Zhang Wei 4
Research Summary
AI-generated summary
Starbucks (SBUX) Director Zhang Wei Receives RSU Award
What Happened
- Zhang Wei, a non-employee director of Starbucks Corporation, was granted 3,667 restricted stock units (RSUs) on March 25, 2026. The grant is reported as an award (transaction code A) at $0.00 (RSUs are compensation, not a cash purchase). The RSUs were fully vested at grant and were deferred under the Deferred Compensation Plan for Non‑Employee Directors.
Key Details
- Transaction date: 2026-03-25; Form 4 filed: 2026-03-27 (reporting period 2026-03-25).
- Shares/units granted: 3,667 RSUs; reporting value shown as $0.00 because this is a non‑cash compensation grant that was deferred.
- Footnotes: F1 — RSUs fully vested at grant and immediately deferred under the director deferred compensation plan. F2 — Of the units, 236 are deferred stock units representing dividends on deferred stock units (dividend reinvestment).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing date included; no late‑filing indicator provided in the excerpt.
Context
- RSUs awarded to directors are routine compensation and do not necessarily signal a buy/sell decision about the stock. These RSUs were fully vested at grant but deferred for later payout under the director plan; dividend crediting produced additional deferred units. This is an award, not a market purchase or sale.