Zandhuis Terri 4

What Happened

• Terri Zandhuis, Chief People Officer of Krispy Kreme (DNUT), received 2,764 shares on 2026-01-29 as an award tied to previously granted performance-based restricted stock units (PSUs). The award is reported as an acquisition at $0.00 (compensation).
• Simultaneously, Zandhuis surrendered 933 shares to cover tax withholding related to the vesting. Those surrendered shares were reported disposed at $3.16 per share, totaling $2,948.
• The filing was submitted on 2026-02-02 and reports the transaction date of 2026-01-29.

Key Details

• Transaction date: 2026-01-29; Form 4 filed: 2026-02-02 (timely).
• Award: 2,764 shares (code A), recorded at $0.00 as compensation.
• Tax withholding: 933 shares surrendered (code F) at $3.16 each = $2,948.
• Footnotes: F1 — shares reflect achievement of performance criteria for PSUs; F2 — shares surrendered to cover tax withholding; F3 — holdings after transaction: 382,779 direct shares and 300,743 unvested RSUs.
• No 10b5-1 plan or late-file indication reported in the filing.

Context

• This was a compensation-related vesting event (PSUs) rather than an open-market buy or discretionary sale. The surrender of shares to cover taxes is a common, routine administrative step and does not necessarily signal a trading decision.
• The award is listed at $0.00 for reporting purposes; using the $3.16 withholding price implies a gross value for the award of roughly $8.7k (2,764 × $3.16), but the filing records the transaction as compensation and tax withholding.