BREWER BRADY 4

What Happened Brady Brewer, Starbucks' International CEO, sold 2,229 shares on July 6, 2026, at $104.00 per share for total proceeds of $231,816. This transaction was a sale (not a purchase), which is often routine insider selling rather than a bullish signal.

Key Details

• Transaction date and price: July 6, 2026 — 2,229 shares at $104.00 each.
• Total proceeds: $231,816.
• Transaction type/code: Sale (open market or private sale, reported as "S").
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnote: The sale was executed under a Rule 10b5-1 trading plan adopted by Brewer on December 3, 2025.
• Timeliness: Report filed July 8, 2026 — within the standard Form 4 reporting window.

Context A 10b5-1 plan means the sale was pre-scheduled under a trading plan adopted earlier, which is commonly used by executives to avoid questions about trading on material nonpublic information. Sales are routine and, by themselves, do not necessarily indicate management sentiment about the company's prospects.