Was Brady Brewer’s Starbucks (SBUX) share sale under a Rule 10b5-1 plan?

Yes. The Form 4 states the sale was effected under a Rule 10b5-1 trading plan adopted on December 3, 2025. Such plans pre-schedule trades, indicating this transaction timing was set in advance rather than decided spontaneously.

Starbucks (NASDAQ: SBUX) international CEO sells 1,641 shares in 10b5-1 plan

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

STARBUCKS CORP executive Brady Brewer, ceo, International, reported an open-market sale of common stock. On 2026-06-05, he sold 1,641 shares at $94.33 per share in a transaction coded as an open-market sale. This trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 3, 2025, indicating it was scheduled in advance. Following the sale, Brewer directly holds 80,180.502 Starbucks shares, so the transaction represents only a small portion of his overall direct stake.

Insider Trade Summary 10b5-1

Net Seller: 1,641 shares ($154,796)

Net Sell 1 txn

Insider BREWER BRADY

Role ceo, International

Sold 1,641 shs ($155K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,641	$94.33	$155K

Holdings After Transaction: Common Stock — 80,180.502 shares (Direct, null)

Footnotes (1)

The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025. Includes 263 shares representing dividend equivalents on unvested time-based restricted stock units.

Key Figures

Shares sold: 1,641 shares Sale price: $94.33 per share Shares after transaction: 80,180.502 shares +1 more

4 metrics

Shares sold 1,641 shares Open-market sale on June 5, 2026

Sale price $94.33 per share Common stock transaction code S

Shares after transaction 80,180.502 shares Direct holdings following sale

Net insider share change -1,641 shares Net-sell direction from transaction summary

Key Terms

Rule 10b5-1 trading plan, open-market sale, dividend equivalents, restricted stock units

4 terms

Rule 10b5-1 trading plan regulatory

"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: "open-market sale" and transaction_code_description: "Sale in open market or private transaction""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

dividend equivalents financial

"Includes 263 shares representing dividend equivalents on unvested time-based restricted stock units."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

restricted stock units financial

"Includes 263 shares representing dividend equivalents on unvested time-based restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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Form 4 Insider Transactions: What Each Field Means →

06/09/2026 - 06:29 PM

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^*

BREWER BRADY

(Last)

(First)

(Middle)

2401 UTAH AVENUE SOUTH

(Street)

SEATTLE

WASHINGTON

98134

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	ceo, International

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/05/2026		S		1,641⁽¹⁾	D	$94.33	80,180.502⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025.

2. Includes 263 shares representing dividend equivalents on unvested time-based restricted stock units.

	/s/ Jonathan Miner, attorney-in-fact for Brady Brewer	06/09/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Starbucks (SBUX) report for Brady Brewer?

Starbucks reported that Brady Brewer, ceo, International, sold 1,641 shares of common stock. The shares were sold at $94.33 each in an open-market transaction, and the trade was executed under a pre-arranged Rule 10b5-1 trading plan.

At what price did Brady Brewer sell Starbucks (SBUX) shares?

Brady Brewer sold his Starbucks shares at $94.33 per share. This price applied to 1,641 common shares in an open-market sale reported on the Form 4, reflecting the transaction terms disclosed for the June 5, 2026 trade.

How many Starbucks (SBUX) shares does Brady Brewer hold after this sale?

After the reported transaction, Brady Brewer directly holds 80,180.502 Starbucks shares. This post-transaction balance shows that the 1,641 shares sold were a relatively small portion of his overall direct ownership in the company.

What does the transaction code "S" mean in the Starbucks (SBUX) Form 4?

The transaction code "S" on the Starbucks Form 4 indicates an open-market or private sale of common stock. In this case, it reflects Brady Brewer’s sale of 1,641 shares at $94.33 per share on June 5, 2026.