Starbucks Files Definitive Additional Proxy Materials, Sara Kelly Remarks

Ticker: SBUX · Form: DEFA14A · Filed: Feb 27, 2024 · CIK: 829224

Starbucks Corp DEFA14A Filing Summary
FieldDetail
CompanyStarbucks Corp (SBUX)
Form TypeDEFA14A
Filed DateFeb 27, 2024
Risk Levellow
Pages3
Reading Time4 min
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, corporate-governance, shareholder-communication

Related Tickers: SBUX

TL;DR

**Starbucks just dropped more proxy materials, including remarks from their Chief Partner Officer, Sara Kelly, for shareholder talks.**

AI Summary

Starbucks Corporation filed a DEFA14A on February 27, 2024, indicating definitive additional materials related to a proxy statement. The filing included remarks from Sara Kelly, EVP, Chief Partner Officer, posted on Starbucks' investor relations website, intended for discussions with shareholders. This filing is part of the 1934 Act, with Starbucks' CIK being 0000829224.

Why It Matters

This filing provides additional context for shareholder discussions, potentially influencing investor sentiment and corporate governance decisions at Starbucks.

Risk Assessment

Risk Level: low — This is a routine filing for additional proxy materials and does not indicate any immediate financial or operational risk.

Key Players & Entities

  • Starbucks Corporation (company) — Registrant
  • Sara Kelly (person) — EVP, Chief Partner Officer
  • February 27, 2024 (date) — Filing Date
  • 0000829224 (company) — Central Index Key (CIK) for Starbucks

FAQ

What type of SEC filing is this document?

This document is a DEFA14A, which stands for Definitive Additional Materials for a proxy statement, filed pursuant to Section 14(a) of the Securities Exchange Act of 1934.

When was this DEFA14A filed by Starbucks?

This DEFA14A was filed by Starbucks Corporation on February 27, 2024.

Who is Sara Kelly and what was her role in the context of this filing?

Sara Kelly is the EVP, Chief Partner Officer at Starbucks, and her remarks were posted on the company's investor relations website, intended for discussions with shareholders, as referenced in this filing.

What is the purpose of the remarks from Sara Kelly mentioned in the filing?

The remarks from Sara Kelly were posted on Starbucks' investor relations website and 'may be referenced in discussions with shareholders'.

Is Starbucks Corporation the Registrant or a party other than the Registrant for this filing?

Starbucks Corporation is the Registrant for this filing, as indicated by the checked box 'Filed by the Registrant'.

Filing Stats: 935 words · 4 min read · ~3 pages · Grade level 14.5 · Accepted 2024-02-27 17:15:44

Filing Documents

Forward-Looking Statements

Forward-Looking Statements This communication contains forward-looking statements about future events and circumstances. Generally speaking, any statement not based upon historical fact is a forward-looking statement. In particular, statements regarding Starbucks Corporation (“Starbucks”) plans, strategies, prospects, interactions with Workers United, and expectations regarding its business and industry are forward-looking statements. They reflect Starbucks expectations, are not guarantees of performance, and speak only as of the date hereof. Except as required by law, Starbucks does not undertake to update such forward-looking statements. You should not rely unduly on forward-looking statements. Starbucks business results are subject to a variety of risks, including those that are described in its Annual Report on Form 10-K for the fiscal year ended October 1, 2023 and subsequent filings with the U.S. Securities and Exchange Commission (the “SEC”). Important Shareholder Information Starbucks filed a definitive proxy statement and a white proxy card with the SEC in connection with its solicitation of proxies for its 2024 Annual Meeting. STARBUCKS SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT, THE ACCOMPANYING WHITE PROXY CARD, AND ANY AMENDMENTS AND SUPPLEMENTS TO THESE DOCUMENTS, AS THEY CONTAIN IMPORTANT INFORMATION. Shareholders may or will be able to obtain the proxy statement, any amendments or supplements to the proxy Participant Information Starbucks, its directors, director nominees, certain of its officers, and other employees are or will be “participants” (as defined in Section 14(a) of the Exchange Act of 1934) in the solicitation of proxies from Starbucks shareholders in connection with the matters to be considered at the 2024 Annual Meeting. The identity, their direct or indirect interests (

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