Campion Andrew 4

What Happened

• Andrew Campion, a director of Starbucks Corporation (SBUX), received an award of 4,099 restricted stock units (RSUs) on March 25, 2026. The filing shows an acquisition at $0.00 (typical for compensation grants), total reported value $0 in the transaction line.
• The RSUs were fully vested at grant but are deferred under the company’s Deferred Compensation Plan for Non-Employee Directors, meaning payout is delayed until termination of his board service.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely filing).
• Reported transaction type: Award/Grant (code A). Price shown: $0.00 per share.
• Grant size: 4,099 RSUs; filing notes 705.714 deferred stock units are included, representing dividend equivalents on deferred units.
• Shares owned after the transaction: not specified in the excerpt provided.
• Footnotes: F1 — RSUs fully vested at grant but deferred until director leaves per the Deferred Compensation Plan. F2 — 705.714 deferred stock units reflect dividends reinvested on deferred units.

Context

• RSU grants to non-employee directors are common compensation and, because these units are deferred, they do not represent immediate market purchases or sales. They do not necessarily signal insider buying or selling intent.
• This was an award (compensation), not a cash purchase or sale; no immediate proceeds or exercise occurred.