Hees Bernardo 4

What Happened

• Hees Bernardo, a director of Krispy Kreme, made three open-market purchases of company stock on 2026-05-26, 2026-05-27 and 2026-05-28, acquiring a total of 225,077 shares for aggregate consideration of $768,718. Individual buys: 1,974 shares @ $3.30 ($6,514); 22,114 shares @ $3.38 (weighted avg; $74,701); and 200,989 shares @ $3.42 (weighted avg; $687,503). These were purchases (not sales), which some investors view as a positive signal but do not guarantee future performance.

Key Details

• Transaction dates & prices:
  • 2026-05-26: 1,974 shares @ $3.30 = $6,514
  • 2026-05-27: 22,114 shares @ $3.38 (weighted avg; price range $3.350–$3.390) = $74,701 (see footnote F2)
  • 2026-05-28: 200,989 shares @ $3.42 (weighted avg; price range $3.4000–$3.4500) = $687,503 (see footnote F3)
• Total acquired: 225,077 shares for $768,718.
• Ownership after transaction (reported): Direct holdings 617,315 shares; unvested RSUs 85,413 (footnote F4).
• Footnote F1: reported holdings include shares held by BHBK LLC, of which Mr. Hees has sole investment power.
• Filing/timeliness: Form 4 filed 2026-05-28; no late-filing flag (transactionTimeliness = 'L') was indicated in the provided data.

Context

• These were open-market purchases (transaction code P). Footnotes indicate the 5/27 and 5/28 amounts are weighted-average prices covering multiple trades at slightly different prices; the filer offered to provide breakdowns on request (F2, F3).
• Ownership includes direct holdings and unvested RSUs; the filing does not indicate option exercises, gifts, or tax-withholding sales. Purchases by insiders can attract attention from retail investors but are only one data point when evaluating a company.