Charlesworth Josh 4
4 · Krispy Kreme, Inc. · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Krispy Kreme CEO Josh Charlesworth Receives Award, Surrenders Shares
What Happened
Josh Charlesworth, President & CEO and a director of Krispy Kreme (DNUT), received an award of 3,455 shares on 2026-01-29 tied to the achievement of performance-based restricted stock units (PSUs). On the same date he surrendered 983 of those shares to satisfy tax withholding obligations; those 983 shares were reported as disposed at $3.16 per share for a total withholding value of $3,106. The award shares were issued at $0.00 (grant/vesting), and the surrender for taxes is a routine disposition.
Key Details
- Transaction date: 2026-01-29. Form 4 filed 2026-02-02 (timely filing).
- Award: 3,455 shares (Transaction code A), reported at $0.00 (no cash paid).
- Tax withholding: 983 shares surrendered (Transaction code F) at $3.16 = $3,106 withheld.
- Shares owned after the transaction (as reported): Direct holdings 158,435 shares; unvested RSUs/PSUs 882,137.
- Footnotes: F1 = shares received from achievement of PSU performance criteria; F2 = shares surrendered to cover tax withholding; F3 = holdings summary.
- Transaction codes: A = Award/Grant; F = Tax withholding (surrender of shares).
Context
This was a compensation-related vesting of PSUs (not an open-market purchase or sale). Surrendering shares to cover taxes is a common, administrative action and doesn’t necessarily signal the CEO’s view on the stock. The net cash impact reported here is the ~$3.1K in taxes covered via share surrender.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-29+3,455→ 1,041,555 total - Tax Payment
Common Stock
[F2][F3]2026-01-29$3.16/sh−983$3,106→ 1,040,572 total
- 281,857(indirect: By LLC)
Common Stock
- 276,671(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Consists of shares of common stock received in connection with the achievement of performance criteria tied to previously awarded performance-based restricted stock units ("PSUs").
- [F2]Consists of shares surrendered to cover tax withholding for the vesting of PSUs.
- [F3]Direct: 158,435; unvested RSUs: 882,137.