Esposito Joseph J 4

What Happened
Joseph J. Esposito, Chief Accounting Officer of Krispy Kreme, surrendered 3,467 shares on May 8, 2026 to cover tax withholding related to the vesting of restricted stock units (RSUs). The shares were recorded at $3.64 each, totaling approximately $12,620. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-05-08; Filed with SEC: 2026-05-11
• Price per share: $3.64; Shares surrendered/disposed: 3,467; Value ≈ $12,620
• Holdings after transaction (per filing footnote): Directly held shares: 10,743; Unvested RSUs: 91,966
• Footnote: Shares were surrendered to cover tax withholding for RSU vesting (F1). Transaction coded as tax-withholding (F). No late-filing flag indicated in the filing.

Context
Surrendering shares to cover taxes on vested RSUs is a routine, non-discretionary action and does not necessarily signal a change in the insider’s view of the company. The filing shows Esposito still holds a significant number of unvested RSUs (91,966), indicating ongoing equity compensation.