Esposito Joseph J 4
Research Summary
AI-generated summary
Krispy Kreme C.A.O. Joseph Esposito Receives RSU Award
What Happened
- Joseph J. Esposito, Chief Accounting Officer of Krispy Kreme, was granted 25,642 restricted stock units (RSUs) on June 10, 2026. The grant is reported as an award/acquisition at $0.00 (no cash paid at grant).
- Per the filing, the RSUs settle one-for-one into common shares upon vesting and, subject to terms, will vest on April 9, 2029. After this transaction the filing reports he directly holds 10,743 shares and 117,608 unvested RSUs.
Key Details
- Transaction date: 2026-06-10; transaction type: Award/Grant (code A); grant price reported $0.00.
- Shares granted: 25,642 RSUs; settlement: one-for-one into common stock upon vesting.
- Holdings after grant (per footnote): Directly owned shares: 10,743; Unvested RSUs: 117,608.
- Vesting date noted: April 09, 2029 (subject to terms and conditions).
- Filing was submitted on 2026-06-12 for a 2026-06-10 transaction (appears timely under Form 4 rules).
Context
- This was a compensation award (not an open-market purchase or sale), which is routine for executive pay and long-term retention. RSUs convert to shares only as they vest per the stated schedule.