Starbucks (SBUX) CEO Brian Niccol Withholds 56,267 Shares for Taxes

What Happened
Brian Niccol, Chairman and CEO of Starbucks (SBUX), had 56,267 shares disposed on 2026-09-09 via withholding to satisfy tax obligations related to vesting restricted stock units (RSUs). The shares are reported at $100.04 each, representing a notional value of $5,628,951. This was not an open-market sale but an issuer withholding to cover taxes.

Key Details

• Transaction date: 2026-09-09; filing date: 2026-09-10 (timely filing).
• Shares withheld/disposed: 56,267 at $100.04 per share; aggregate amount ≈ $5,628,951.
• Transaction code: F (shares withheld to satisfy tax withholding obligations on vesting). Footnote F1 confirms this was not an open-market transaction.
• Footnote F2: 10,493.713 of the shares represent dividend equivalents on unvested time‑based RSUs.
• Shares owned after transaction: not specified in the information provided.

Context
Withholding shares to cover taxes is a routine administrative step when RSUs vest and does not indicate an active market sale or necessarily signal the insider's view on the stock. This transaction reflects tax withholding rather than a discretionary cash sale by the insider.