Starbucks Files 8-K on Shareholder Matters
Ticker: SBUX · Form: 8-K · Filed: Mar 15, 2024 · CIK: 829224
| Field | Detail |
|---|---|
| Company | Starbucks Corp (SBUX) |
| Form Type | 8-K |
| Filed Date | Mar 15, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, sec-filing
Related Tickers: SBUX
TL;DR
Starbucks filed an 8-K on shareholder votes. Nothing major revealed yet.
AI Summary
Starbucks Corporation filed an 8-K on March 15, 2024, reporting on matters submitted to a vote of security holders as of March 13, 2024. The filing details the company's corporate information, including its principal executive offices in Seattle, Washington, and its IRS number. This report is a standard disclosure for significant corporate events.
Why It Matters
This filing indicates that Starbucks is engaging in corporate actions requiring shareholder notification or approval, which can impact governance and strategic decisions.
Risk Assessment
Risk Level: low — This is a routine filing for corporate governance and does not disclose new financial or operational risks.
Key Numbers
- 000-20322 — SEC File Number (Identifies Starbucks' filing with the SEC.)
- 91-1325671 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Starbucks Corporation (company) — Registrant
- Washington (location) — State of incorporation and principal executive offices
- Seattle (location) — City of principal executive offices
- March 13, 2024 (date) — Date of earliest event reported
- March 15, 2024 (date) — Date of report and filing
FAQ
What specific matters were submitted to a vote of Starbucks' security holders?
The filing does not specify the exact matters submitted to a vote, only that such matters were reported on as of March 13, 2024.
What is the significance of the 'Submission of Matters to a Vote of Security Holders' item?
This indicates that Starbucks held or is reporting on a shareholder meeting or vote where specific corporate proposals were presented for approval.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on March 13, 2024.
What is Starbucks' principal executive office address?
Starbucks' principal executive offices are located at 2401 Utah Avenue South, Seattle, Washington 98134.
Is this filing related to a specific financial event or performance update?
No, this 8-K filing is specifically for 'Submission of Matters to a Vote of Security Holders' and does not appear to be related to financial results or performance updates.
Filing Stats: 782 words · 3 min read · ~3 pages · Grade level 16.8 · Accepted 2024-03-15 16:34:06
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share SBUX Nasdaq Global Select Mar
Filing Documents
- sbux-20240313.htm (8-K) — 53KB
- sbux-20240313_g1.jpg (GRAPHIC) — 516KB
- 0000829224-24-000016.txt ( ) — 1552KB
- sbux-20240313.xsd (EX-101.SCH) — 2KB
- sbux-20240313_lab.xml (EX-101.LAB) — 22KB
- sbux-20240313_pre.xml (EX-101.PRE) — 13KB
- sbux-20240313_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On March 13, 2024, Starbucks Corporation (the "Company") held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). The matters submitted to a vote at the Annual Meeting and the voting results of such matters are as follows: Proposal 1 - Election of Directors The Company's shareholders elected each of the 11 directors nominated by the Company's Board of Directors to serve until the 2025 Annual Meeting of Shareholders or until their successors are duly elected and qualified. The following is a breakdown of the voting results: Name of Nominee For Withheld Ritch Allison 700,524,854 50,317,811 Andy Campion 718,801,392 32,040,996 Beth Ford 735,515,344 15,293,855 Mellody Hobson 676,820,145 73,985,983 Jrgen Vig Knudstorp 678,042,601 72,800,604 Neal Mohan 738,328,719 12,475,048 Satya Nadella 710,895,595 39,915,491 Laxman Narasimhan 730,920,978 19,873,684 Daniel Servitje 736,747,821 14,055,307 Mike Sievert 736,898,547 13,902,238 Wei Zhang 738,338,632 12,460,073 Proposal 2 - Advisory Resolution on Executive Compensation At the Annual Meeting, the shareholders approved, on a nonbinding, advisory basis, the compensation paid to the Company's named executive officers. The following is a breakdown of the voting results: For Against Abstain Broker Non-Votes 682,871,160 61,368,588 7,358,808 67,984,371 Proposal 3 - Ratification of the Selection of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for Fiscal Year 2024 At the Annual Meeting, the shareholders approved the ratification of the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending September 29, 2024. The following is a breakdown of the voting results: For Against Abstain Broker Non-Votes 767,995,804 47,622,033 3,965,090 —— Proposal 4 - Shareholder Proposal Requesting a Report on Plant-Based Mil
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STARBUCKS CORPORATION Dated: March 15, 2024 By: /s/ Bradley E. Lerman Bradley E. Lerman executive vice president, general counsel