KNUDSTORP JORGEN VIG 4

What Happened Jørgen Knudstorp, a director of Starbucks Corporation (SBUX), had 354.864 shares withheld on 2026-03-23 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $93.83 each for a total withholding of $33,297. This was a tax-withholding disposition—not an open-market sale—related to RSU vesting.

Key Details

• Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (timely filing).
• Amount withheld/disposed: 354.864 shares at $93.83 per share; total ≈ $33,297.
• Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting) — not a market sale.
• Footnote F1: Confirms shares were withheld by the issuer to meet tax obligations upon RSU vesting.
• Footnote F2: Notes inclusion of 264.435 deferred stock units representing dividends on deferred stock units via a dividend reinvestment plan.
• Shares owned after the transaction are not specified in the excerpt provided; see the full Form 4 for total holdings.

Context Tax-withholding disposals are routine administrative actions when RSUs vest and generally do not indicate an insider choosing to sell shares in the open market. No option exercise or 10b5-1 sale plan is indicated in this filing.