Sara Kelly - 21 Mar 2024 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Signature
/s/ Stephanie A. Tso, attorney-in-fact for Sara Kelly
Issuer symbol
SBUX
Transactions as of
21 Mar 2024
Net transactions value
-$23,158
Form type
4
Filing time
25 Mar 2024, 18:17:54 UTC
Previous filing
22 Feb 2024
Next filing
17 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Sale $23,158 -250 -0.53% $92.63 46,924 21 Mar 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2023.
F2 Includes 211 shares representing dividend equivalents received on unvested time-based RSUs.