|4Feb 2, 4:36 PM ET

Charlesworth Josh 4

4 · Krispy Kreme, Inc. · Filed Feb 2, 2026

Research Summary

AI-generated summary of this filing

Updated

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

Form 4
Period: 2026-01-29
Charlesworth Josh
DirectorPresident & CEO
Transactions
  • Award

    Common Stock

    [F1]
    2026-01-29+3,4551,041,555 total
  • Tax Payment

    Common Stock

    [F2][F3]
    2026-01-29$3.16/sh983$3,1061,040,572 total
Holdings
  • Common Stock

    (indirect: By LLC)
    281,857
  • Common Stock

    (indirect: By Trust)
    276,671
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.
Signature
/s/ Christine McDevitt, Attorney-in-fact|2026-02-02

Documents

1 file
  • 4
    wk-form4_1770068195.xmlPrimary

    FORM 4