Esposito Joseph J 4

What Happened

• Joseph J. Esposito, Chief Accounting Officer of Krispy Kreme (DNUT), received 691 shares on 2026-01-29 as the result of performance-based restricted stock units (PSUs) vesting (transaction code A). To cover tax withholding on the vesting, 234 of those shares were surrendered (transaction code F) at $3.16 each for proceeds of $739, leaving a net gain of 457 shares.

Key Details

• Transaction date: January 29, 2026.
• Award: 691 shares issued (PSU vesting); recorded as $0.00 per share on the Form 4 (award).
• Tax withholding: 234 shares surrendered at $3.16 each, total ~$739.
• Net change: +457 shares retained by Esposito after withholding.
• Holdings reported after the transaction: 3,620 shares directly owned; 102,720 unvested RSUs (per filing footnote).
• Footnotes: F1 indicates the shares were from performance-based RSUs; F2 notes the 234 shares were surrendered for tax withholding.
• Filing timeliness: Form filed on 2026-02-02 for a 2026-01-29 transaction — reported on time.

Context

• This was not an open-market purchase or sale but the vesting of previously granted PSUs; the surrender of shares was a routine tax-withholding action, not a market sale. For retail investors, awards increase insider ownership but do not necessarily signal a buy/sell preference.