Charlesworth Josh 4

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.