Starbucks 8-K: Director/Officer Changes & Compensation

Ticker: SBUX · Form: 8-K · Filed: 2025-07-02T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, officer-changes

Related Tickers: SBUX

TL;DR

Starbucks filed an 8-K on June 29, 2025, detailing director/officer changes and compensation.

AI Summary

Starbucks Corporation filed an 8-K on July 2, 2025, reporting events as of June 29, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. Specific details regarding the individuals involved, their roles, and the nature of the compensatory arrangements are not provided in this excerpt.

Why It Matters

Changes in a company's board of directors or executive officers, along with details on their compensation, can signal shifts in strategy or governance that may impact shareholder value.

Risk Assessment

Risk Level: medium — Changes in directorship and executive compensation can indicate significant internal shifts that may affect company performance and investor confidence.

Key Players & Entities

FAQ

What specific events related to directors or officers are being reported by Starbucks?

The 8-K filing indicates events related to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements of certain officers.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on June 29, 2025.

What is the filing date of this Starbucks 8-K report?

This Starbucks 8-K report was filed on July 2, 2025.

What is Starbucks Corporation's state of incorporation and fiscal year end?

Starbucks Corporation is incorporated in Washington and its fiscal year ends on September 28.

What are the principal executive offices and phone number for Starbucks Corporation?

The principal executive offices are located at 2401 Utah Avenue South, Seattle, Washington 98134, and the telephone number is (206) 447-1575.

From the Filing

0000829224-25-000048.txt : 20250702 0000829224-25-000048.hdr.sgml : 20250702 20250702160550 ACCESSION NUMBER: 0000829224-25-000048 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250629 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250702 DATE AS OF CHANGE: 20250702 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: 0928 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20322 FILM NUMBER: 251100910 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-20250629.htm 8-K sbux-20250629 false 0000829224 0000829224 2025-06-29 2025-06-29 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 29, 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 29, 2025, the independent members of the Board of Directors and the Compensation and Management Development Committee of Starbucks Corporation (the “Company”, “we”, or “our”) approved a “Back to Starbucks” grant of performance-based restricted stock units (“PRSUs”) for each of the Company’s continuing named executive officers. This equity award is 100% performance based, with targets that align with each of the components of our Back to Starbucks strategy. These grants are designed to motivate and retain our senior leaders to deliver on the s

View on Read The Filing