KELLY SARA 4

What Happened

• Sara Kelly, Executive Vice President & Chief Partner Officer at Starbucks, sold 2,000 shares on April 29, 2026, at $105.00 per share, for proceeds of $210,000. The sale was reported as an open-market or private sale and is coded as a sale (S).

Key Details

• Transaction date & price: 2026-04-29, 2,000 shares at $105.00 each (total $210,000).
• Shares owned after transaction: Not specified in the supplied filing data.
• Notable footnotes:
  • F1: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025 (pre-arranged plan).
  • F2: The filer’s reported holdings include 44.286 shares purchased on March 31, 2026, under the Starbucks Employee Stock Purchase Plan.
• Filing timeliness: Form 4 was filed on April 30, 2026 (one day after the transaction), so the filing appears timely.

Context

• This sale was executed under a 10b5-1 plan, which typically means the trades were pre-scheduled and do not necessarily indicate a change in the insider’s view of the company. Sales are routine insider activity; purchases generally carry more weight for signaling bullish intent.