Krispy Kreme, Inc.·4

May 15, 4:16 PM ET

Duvivier Raphael 4

Research Summary

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Krispy Kreme CFO Raphael Duvivier Surrenders 2,493 Shares for Taxes

What Happened
Raphael Duvivier, Chief Financial Officer of Krispy Kreme, surrendered 2,493 restricted stock unit (RSU) shares on 2026-05-15 to cover tax withholding obligations. The shares were valued at $3.25 each, for a total of $8,102. This was a tax-withholding disposition (not an open-market sale or purchase).

Key Details

  • Transaction date and price: 2026-05-15 at $3.25 per share.
  • Shares surrendered/disposed: 2,493 shares; total value ~$8,102.
  • Holdings after transaction (as reported): 156,057 direct shares; 394,057 unvested RSUs.
  • Footnotes: F1 = shares surrendered to cover tax withholding on RSU vesting; F2 = reported post-transaction holdings.
  • Filing timeliness: Report filed for the same date (2026-05-15); no late filing indicated.

Context
This was a routine tax-withholding event tied to RSU vesting (transaction code F), which reduces the insider’s outstanding shares via surrender rather than signaling a market-directed sale. Such withholding transactions are common and shouldn't be read as a directional market bet by the insider.