Krispy Kreme (DNUT) CAO Joseph Esposito Surrenders 7,998 Shares

What Happened
Joseph J. Esposito, Chief Accounting Officer of Krispy Kreme, reported surrendering 7,998 shares on 2026-07-01 to cover tax withholding related to the vesting of restricted stock units (RSUs). The shares were valued at $3.53 each, for a total withholding amount of $28,233. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-07-01
• Disposed: 7,998 shares at $3.53 per share — total value surrendered $28,233
• Transaction type/code: Tax withholding on RSU vesting (Code F) — shares surrendered to cover taxes
• Reported post-transaction holdings (per filing): Directly held shares: 30,958; Unvested RSUs: 89,395
• Filing notes: Footnote F1 confirms the shares were surrendered for tax withholding; F2 provides holdings breakdown

Context
Surrendering shares to cover taxes on vested RSUs is a routine administrative action and does not necessarily reflect the insider’s view on the company’s stock. This was not an open-market sale or purchase; it was a cashless/withholding settlement tied to RSU vesting.