Krispy Kreme (DNUT) CFO surrenders shares to cover RSU tax withholding

Rhea-AI Filing Summary

Krispy Kreme, Inc. Chief Financial Officer Raphael Duvivier reported a routine share disposition related to equity compensation. On this Form 4, 2,493 shares of common stock were surrendered at $3.25 per share to cover tax withholding for the vesting of restricted stock units, rather than sold in the open market. After this tax-withholding transaction, he directly owns 550,114 shares of common stock, including 156,057 shares held directly and 394,057 unvested restricted stock units noted in the footnotes.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Duvivier Raphael

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,493	$3.25	$8K

Holdings After Transaction: Common Stock — 550,114 shares (Direct, null)

Footnotes (1)

1. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs"). Direct: 156,057, unvested RSUs: 394,057.

Key Figures

Shares surrendered for tax withholding: 2,493 shares Price per share for tax withholding: $3.25 per share Total shares after transaction: 550,114 shares +2 more

5 metrics

Shares surrendered for tax withholding 2,493 shares Common stock surrendered to cover RSU tax withholding

Price per share for tax withholding $3.25 per share Value used for the 2,493 surrendered shares

Total shares after transaction 550,114 shares Common stock beneficially owned following the disposition

Directly held shares 156,057 shares Direct common stock holdings noted in the footnote

Unvested RSUs 394,057 RSUs Unvested restricted stock units still held by the CFO

Key Terms

restricted stock units ("RSUs"), tax withholding, unvested RSUs, Form 4

4 terms

restricted stock units ("RSUs") financial

"shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding financial

"shares surrendered to cover tax withholding for the vesting of restricted stock units"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

unvested RSUs financial

"Direct: 156,057, unvested RSUs: 394,057."

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duvivier Raphael

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS STREET, SUITE 101

(Street)

CHARLOTTE NORTH CAROLINA 28203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Krispy Kreme, Inc. [ DNUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		F		2,493(1)	D	$3.25	550,114(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs").

2. Direct: 156,057, unvested RSUs: 394,057.

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Krispy Kreme (DNUT) report for CFO Raphael Duvivier?

The filing reports that CFO Raphael Duvivier surrendered 2,493 Krispy Kreme common shares at $3.25 per share. These shares were delivered to cover tax withholding obligations tied to the vesting of restricted stock units, not as an open-market sale.

Was the DNUT CFO’s Form 4 transaction an open-market sale of shares?

No, the 2,493 shares were surrendered to satisfy tax withholding on vested restricted stock units. According to the footnote, this was a tax-withholding disposition, meaning the shares were not sold in the open market for discretionary liquidity.

How many Krispy Kreme (DNUT) shares does CFO Raphael Duvivier hold after this transaction?

After the tax-withholding disposition, Raphael Duvivier holds 550,114 shares of Krispy Kreme common stock. Footnotes specify that this includes 156,057 shares held directly and 394,057 unvested restricted stock units that remain part of his equity-based compensation.

What does the tax-withholding disposition on the DNUT Form 4 indicate about RSU vesting?

The tax-withholding disposition indicates that some restricted stock units vested, triggering a tax liability. To cover this liability, 2,493 shares of common stock were surrendered, as disclosed, while Duvivier continues to hold a substantial number of unvested RSUs and common shares.

How many restricted stock units does the Krispy Kreme (DNUT) CFO still have after this event?

The footnotes state that Raphael Duvivier continues to hold 394,057 unvested restricted stock units. These RSUs represent future potential share deliveries as they vest over time, separate from the 2,493 shares used to satisfy tax withholding obligations.