FORD BETH 4

What Happened

• Beth Ford, a director of Starbucks Corporation (SBUX), was granted 3,937 restricted stock units (RSUs) on March 25, 2026. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant). The RSUs were fully vested at the time of grant and are being deferred under the company’s Deferred Compensation Plan for Non‑Employee Directors.

Key Details

• Transaction date: 2026-03-25; reported on Form 4 filed 2026-03-27 (timely — within the standard 2 business days).
• Shares/units acquired: 3,937 RSUs at $0.00 per unit (award/grant).
• Ownership after transaction: the filing reports the grant of 3,937 RSUs; total share ownership after the transaction is not specified in the public summary.
• Footnotes: F1 — RSUs were fully vested at grant and deferred until termination of service under the Deferred Compensation Plan for Non‑Employee Directors. F2 — includes 292 deferred stock units representing dividends on deferred stock units under a dividend reinvestment plan.
• Transaction type: Award (not a purchase or sale); no immediate cash proceeds or open‑market trade.

Context

• This is a director compensation grant (routine for non‑employee directors). Because the RSUs vested immediately but are deferred until termination of service, this is a compensation/deferral action rather than a market buy or sell and should not be read as a direct trading signal.