Duvivier Raphael 4
Research Summary
AI-generated summary
Krispy Kreme CFO Raphael Duvivier Surrenders 714 Shares for Taxes
What Happened
Raphael Duvivier, Chief Financial Officer of Krispy Kreme (DNUT), surrendered 714 shares on 2026-04-02 to cover tax withholding related to the vesting of restricted stock units (RSUs). The shares were valued at $3.38 each, for a total of $2,413 reported as the disposition (transaction code F — tax withholding).
Key Details
- Transaction date and price: 2026-04-02 — 714 shares at $3.38 each (total $2,413).
- Transaction type: F (shares surrendered/withheld to cover tax withholding on vested RSUs).
- Shares owned after transaction (per filing): Direct holdings 145,990 shares; Unvested RSUs 412,829.
- Footnotes: F1 clarifies shares were surrendered to satisfy tax withholding on RSU vesting; F2 lists current direct and unvested RSU balances.
- Filing: Form 4 filed 2026-04-06 (file shows the report date 2026-04-02 and filing date 2026-04-06).
Context
This was a routine cashless surrender to cover taxes on vested RSUs, not an open-market sale or purchase. Such withholding transactions are common and generally reflect tax mechanics of equity compensation rather than an indication of the insider’s view on the stock.