Starbucks (SBUX) SVP Val Bauduin discloses 15,310 shares including unvested RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Starbucks Corporation executive Val Bauduin has filed an initial ownership report showing his equity stake in the company. The filing lists direct ownership of 15,310.303 shares of Starbucks common stock. This total includes 8,090 shares tied to unvested time-based restricted stock units that vest on various future dates.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bauduin Val

Role svp, corp fin and dev

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 15,310.303 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Common stock owned: 15,310.303 shares Unvested RSU shares: 8,090 shares Insider role: SVP, corporate finance and development +1 more

4 metrics

Common stock owned 15,310.303 shares Total Starbucks common stock beneficially owned on Form 3

Unvested RSU shares 8,090 shares Unvested time-based restricted stock units vesting on various dates

Insider role SVP, corporate finance and development Officer title for reporting person Val Bauduin

Form type Form 3 Initial statement of beneficial ownership of securities

Key Terms

time-based restricted stock units, unvested, beneficial ownership

3 terms

time-based restricted stock units financial

"Includes 8,090 shares representing unvested time-based restricted stock units that vest on various dates."

Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.

unvested financial

"Includes 8,090 shares representing unvested time-based restricted stock units that vest on various dates."

beneficial ownership financial

"The Form 3 shows Val Bauduin’s initial ownership of Starbucks common stock, totaling 15,310.303 shares."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

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Available on EDGAR 06/18/2026 - 06:43 PM Accepted by SEC EDGAR 06/18/2026 - 06:43 PM

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Bauduin Val

(Last)

(First)

(Middle)

2401 UTAH AVENUE SOUTH

(Street)

SEATTLE

WASHINGTON

98134

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/11/2026

3. Issuer Name and Ticker or Trading Symbol
STARBUCKS CORP [ SBUX ]

3a. Foreign Trading Symbol

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	svp, corp fin and dev

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	15,310.303⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Includes 8,090 shares representing unvested time-based restricted stock units that vest on various dates.

Remarks:

Power of Attorney previously filed as Exhibit 24 to Form 3 filed on March 17, 2025, in incorporated herein by reference.

	/s/ Jonathan Miner, attorney-in-fact for Val Bauduin	06/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does Val Bauduin’s Form 3 filing for Starbucks (SBUX) show?

The Form 3 shows Val Bauduin’s initial ownership of Starbucks common stock, totaling 15,310.303 shares. This amount includes 8,090 shares from unvested time-based restricted stock units scheduled to vest on various future dates, reflecting both current and in-process equity compensation.

How many Starbucks (SBUX) shares does Val Bauduin directly hold?

Val Bauduin directly holds 15,310.303 shares of Starbucks common stock. This reported amount represents his beneficial ownership at the time of the Form 3 and includes both vested shares and unvested restricted stock units that will vest over time.

How many unvested restricted stock units does Val Bauduin have at Starbucks (SBUX)?

Val Bauduin has 8,090 shares represented by unvested time-based restricted stock units. These RSUs vest on various dates, meaning the underlying Starbucks shares will be delivered to him over time as the vesting conditions based on service are satisfied.

What is Val Bauduin’s role at Starbucks (SBUX) in this ownership filing?

In this filing, Val Bauduin is identified as an officer of Starbucks serving as senior vice president of corporate finance and development. The Form 3 provides a snapshot of his equity holdings in Starbucks common stock associated with that executive position.

Does Val Bauduin’s Form 3 for Starbucks (SBUX) report any stock transactions?

The Form 3 functions as an initial ownership statement and does not report specific buy or sell transactions. Instead, it discloses Val Bauduin’s existing holdings in Starbucks common stock, including his unvested time-based restricted stock units at the reporting date.