Starbucks 8-K: Officer Changes & Compensation Details

Ticker: SBUX · Form: 8-K · Filed: 2025-06-26T00:00:00.000Z

Sentiment: neutral

Topics: officer-changes, compensation, corporate-governance, financial-statements

Related Tickers: SBUX

TL;DR

Starbucks filed an 8-K detailing officer changes and compensation, plus financial exhibits.

AI Summary

Starbucks Corporation filed an 8-K on June 26, 2025, reporting on events as of June 25, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and details compensatory arrangements for these officers. It also includes financial statements and exhibits.

Why It Matters

This filing provides insight into potential leadership changes and executive compensation, which can impact investor confidence and the company's strategic direction.

Risk Assessment

Risk Level: medium — Changes in officers and details on compensation can signal shifts in company strategy or internal dynamics that may affect future performance.

Key Players & Entities

FAQ

What specific officer positions were affected by the events reported on June 25, 2025?

The filing indicates "Departure of Directors or Certain Officers" and "Appointment of Certain Officers," but does not specify the exact positions in the provided text.

Are there any details on the compensatory arrangements for the officers mentioned?

Yes, the filing explicitly lists "Compensatory Arrangements of Certain Officers" as an item of disclosure.

What is the primary purpose of this 8-K filing for Starbucks?

The primary purpose is to report on significant corporate events including changes in directors/officers, elections, appointments, and related compensation, as well as to file financial statements and exhibits.

When was this 8-K form officially filed with the SEC?

The 8-K form was filed on June 26, 2025.

What is Starbucks Corporation's IRS Employer Identification Number (EIN)?

Starbucks Corporation's IRS Employer Identification Number (EIN) is 91-1325671.

From the Filing

0000829224-25-000038.txt : 20250626 0000829224-25-000038.hdr.sgml : 20250626 20250626160528 ACCESSION NUMBER: 0000829224-25-000038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250625 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250626 DATE AS OF CHANGE: 20250626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STARBUCKS CORP CENTRAL INDEX KEY: 0000829224 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810] ORGANIZATION NAME: 07 Trade & Services EIN: 911325671 STATE OF INCORPORATION: WA FISCAL YEAR END: 0927 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20322 FILM NUMBER: 251080390 BUSINESS ADDRESS: STREET 1: P O BOX 34067 CITY: SEATTLE STATE: WA ZIP: 98124-1067 BUSINESS PHONE: 2064471575 MAIL ADDRESS: STREET 1: 2401 UTAH AVENUE SOUTH CITY: SEATTLE STATE: WA ZIP: 98134 8-K 1 sbux-20250625.htm 8-K sbux-20250625 false 0000829224 0000829224 2025-06-25 2025-06-25 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 25, 2025 Starbucks Corporation (Exact name of registrant as specified in its charter) Washington 000-20322 91-1325671 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)   2401 Utah Avenue South , Seattle , Washington 98134 (Address of principal executive offices) (Zip Code) ( 206 ) 447-1575 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)       ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)       ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))       ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title Trading Symbol Name of each exchange on which registered Common Stock, par value $0.001 per share SBUX Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company     ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Selection 13(a) of the Exchange Act.     o Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 25, 2025, the Board of Directors (the “Board”) of Starbucks Corporation (the “Company”) increased the number of directors of the Company from nine to 11 and appointed Marissa Mayer and Dambisa F. Moyo to serve as directors on the Board, effective immediately. The Board expects to appoint Ms. Mayer and Dr. Moyo to one or more committees at a later date. Ms. Mayer and Dr. Moyo will be entitled to a prorated portion of the annual compensation paid to the Company’s non-employee directors. A summary of the compensation the Company

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