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Starbucks | 4: Statement of changes in beneficial ownership of securities-Director HOBSON MELLODY L

SEC announcement ·  Mar 16 05:37
Summary by Futu AI
On March 13, 2024, Mellody L. Hobson, associated with Starbucks Corp [SBUX], was granted 5,403 shares of common stock at no cost. Following this transaction, Hobson's direct holdings in the company increased to a total of 445,533.749 shares. Additionally, it was reported that Hobson has an indirect ownership of 283,146 shares through The GWL Living Trust. The grant of shares to Hobson is a part of Starbucks' stock-based compensation program and reflects the company's ongoing commitment to aligning the interests of its executives with those of its shareholders.
On March 13, 2024, Mellody L. Hobson, associated with Starbucks Corp [SBUX], was granted 5,403 shares of common stock at no cost. Following this transaction, Hobson's direct holdings in the company increased to a total of 445,533.749 shares. Additionally, it was reported that Hobson has an indirect ownership of 283,146 shares through The GWL Living Trust. The grant of shares to Hobson is a part of Starbucks' stock-based compensation program and reflects the company's ongoing commitment to aligning the interests of its executives with those of its shareholders.

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