Form 4 for DNUT Krispy Kreme, Inc.
Accepted 2025-04-25 00:00:00 ET · period of report 2025-04-23 · accession 0001104659-25-039531 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-25 | 2025-04-23 | DNUT | JAB Indulgence B.V. | 10% | S - Sale | $4.32 | -694.4K | 74.19M | -0.9% | -$3.00M |
| DM | 2025-04-25 | 2025-04-23 | DNUT | JAB Indulgence B.V. | 10% | J - Other | $0.00 | -173.6K | 4.17M | -4% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2025-04-23 | S | D | 694,445 | $4.32 | 74,190,990 | D | — | — | (F1) On April 23, 2025, JAB Indulgence B.V. ("JAB Indulgence") agreed to sell 694,445 shares (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of Krispy Kreme, Inc. (the "Company") in a privately negotiated transaction. (F4) These Shares are held and beneficially owned by JAB Indulgence, a direct or indirect subsidiary of each other Reporting Person herein. As such, each other Reporting Person herein may be deemed a beneficial owner of Shares held by JAB Indulgence. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein. |
| 2 | Derivative | Restricted Stock Units (obligation to sell) | 2025-04-23 | J | D | 173,612 | $0.00 | 173,612 | D | — · — to — | 173,612 Common Stock | (F3) On April 23, 2025, JAB Indulgence agreed to grant to a one-time incentive award in the form of restricted stock units with respect to 173,612 Shares (the "RSUs") to an individual in a privately negotiated transaction. The RSUs represent a contingent right to receive one Share for each RSU. The RSUs will vest on the fifth anniversary of the grant date, subject to certain terms and conditions to be included in an award agreement between JAB Indulgence and such individual. (F5) This Matching Option and these RSUs, as applicable, are granted by JAB Indulgence with respect to Shares held and beneficially owned by JAB Indulgence, a direct or indirect subsidiary of each other Reporting Person herein. As such, each other Reporting Person herein may be deemed a beneficial owner of Shares held by JAB Indulgence. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein. |
| 3 | Derivative | Option (obligation to sell) | 2025-04-23 | J | D | 1 | $0.00 | 4,166,670 | D | $4.32 · — to — | 4,166,670 Common Stock | (F2) On April 23, 2025, JAB Indulgence agreed to grant an option to purchase 4,166,670 Shares currently held by JAB Indulgence (the "Matching Option") to an individual in a privately negotiated transaction. The Matching Option (or a portion thereof) will vest on the fifth anniversary of the grant date, subject to certain terms and conditions to be included in an award agreement between JAB Indulgence and such individual. (F5) This Matching Option and these RSUs, as applicable, are granted by JAB Indulgence with respect to Shares held and beneficially owned by JAB Indulgence, a direct or indirect subsidiary of each other Reporting Person herein. As such, each other Reporting Person herein may be deemed a beneficial owner of Shares held by JAB Indulgence. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein. |