Rachel Ruggeri - May 22, 2024 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Role
evp, cfo
Signature
/s/ Stephanie A. Tso, attorney-in-fact for Rachel Ruggeri
Stock symbol
SBUX
Transactions as of
May 22, 2024
Transactions value $
-$300,000
Form type
4
Date filed
5/24/2024, 05:20 PM
Previous filing
May 10, 2024
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Sale -$300K -3.75K -5.42% $80.00 65.4K May 22, 2024 Direct F1
* 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 November 28, 2023.

Remarks:

Exhibit 24: Power-of-Attorney attached to this filing.