KNUDSTORP JORGEN VIG 4

What Happened Jorgen Vig Knudstorp, a non-employee director of Starbucks Corporation (SBUX), was granted 4,746 restricted stock units (RSUs) on March 25, 2026. The Form 4 shows the award at $0.00 per share (total reported value $0) because these are compensation units granted and immediately vested, then deferred under the company’s Deferred Compensation Plan for Non-Employee Directors. This is an award/compensation event rather than a market purchase or sale.

Key Details

• Transaction date: 2026-03-25; filing date: 2026-03-27 (appears filed within the standard Form 4 window).
• Transaction type/code: A — Award/Grant (4,746 RSUs) at $0.00 per share; total reported amount $0.
• Shares owned after transaction: Not specified in the reported transaction details.
• Footnote: The RSUs were fully vested at grant and immediately deferred pursuant to the Deferred Compensation Plan for Non-Employee Directors (footnote F1).
• No indication of a 10b5-1 plan, sale, gift, or tax-withholding event in this filing.

Context RSU grants to non-employee directors are common as part of board compensation and generally reflect pay structure rather than a direct trading signal. Because these units were vested at grant and deferred into the director compensation plan, they were not a cash purchase or sale. Retail investors should view this as a director compensation entry rather than an insider buying shares as a personal investment.