KELLY SARA 4

What Happened Sara Kelly, Executive Vice President & Chief Partner Officer at Starbucks (SBUX), had 315.82 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. The withholding was reported at a per-share price of $101.59, for a total value of approximately $32,084. This was a tax-withholding/net-share settlement (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (appears filed within the normal two-business-day window).
• Withheld/disposed: 315.82 shares at $101.59 per share; total ≈ $32,084.
• Transaction code: F — payment of exercise price or tax liability (net share settlement/tax withholding).
• Footnotes: F1 — shares were withheld by the issuer to satisfy tax withholding upon vesting (not an open-market trade). F2 — includes 230 shares representing dividend equivalents on unvested time-based RSUs.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context This was a routine tax-withholding event tied to RSU vesting (net-share settlement), not an intentional market sale or purchase by the insider. Such withholdings are common and generally do not signal a change in the insider’s view of the company.