Duvivier Raphael 4/A
Research Summary
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Krispy Kreme (DNUT) CFO Raphael Duvivier Surrenders 959 Shares for Taxes
What Happened Raphael Duvivier, Chief Financial Officer of Krispy Kreme (DNUT), surrendered 959 shares on April 2, 2026 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 $3,241. This was a tax-withholding disposition (Form 4 code F), a routine administrative action rather than an open‑market sale.
Key Details
- Transaction date and price: April 2, 2026 at $3.38 per share for 959 shares (total ≈ $3,241).
- Transaction type: F — shares surrendered to cover tax withholding on RSU vesting.
- Shares/holdings after transaction (per footnote): Directly owned shares: 145,745; Unvested RSUs: 412,829.
- Filing note: This is an amended Form 4 correcting the number of shares surrendered from 714 (original filing) to 959.
- No indication this was part of a 10b5‑1 plan; it is a routine tax withholding action.
Context Surrendering shares to cover taxes on vested RSUs is common and generally not read as a directional bet on the stock. The filing shows Duvivier still holds substantial unvested RSUs (412,829), so additional vesting and related withholding events may occur in the future.