Insider trade

Officer sold ~$243K of SBUX shares in the open market

Traded Mar 5, 2026 · Filed Mar 9, 2026

StarbucksSBUX

~$243K
Reported value · 2,500 sh @ $97.12: 60K
Holds after · shares reported: -3.9%
stock since the trade · S&P 500 +12.1%, $98.69 → $94.88 on Oct 1

Why it stands out

Starbucks's chief partner officer sold $243K of Starbucks shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Mar 5, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 9, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$242,800

Shares × reported transaction price

Timing vs results

36 days after results of Jan 28, 2026, 54 days before results of Apr 28, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $98.69 on Mar 5, 2026, 26% above its 52-week low and 7% below its high, after a 2% rise over the previous 30 trading days

52-week range $78.46 (Oct 10, 2025) to $106.48 (Mar 7, 2025), 72% of the way up, from 251 adjusted closes. 30 trading days earlier: $96.43 on Jan 21, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 69 workers was filed in Washington on March 27, 2026.

From the official state WARN list, 22 days after the trade. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Aug 28, 2024 in the U.S. District Court, W.D. Washington. A filing is an allegation, not a finding.

Garbaccio v. Starbucks Corporation, docket 2:24-cv-01362, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-3.2%	-0.9%	-2.2%
30 days	-3.8%	+0.4%	-4.2%
90 days	-5.9%	+9.2%	-15.1%
180 days	+1.2%	+13.1%	-11.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0000829224-26-000015
Filed / recorded: Mar 9, 2026, 11:03 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: STARBUCKS CORP
Issuer CIK: 829224
Ticker: SBUX
Reporting person: Sara Kelly
Relationship: Officer
Officer title: evp, chief partner officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 5, 2026
Transaction code: S
Shares / units: 2,500
Price per share: $97.12
Acquired / disposed: Disposed (D)
Shares owned after: 59,608.5548
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025.
Includes 40.385 shares purchased on December 31, 2025, pursuant to the Starbucks Employee Stock Purchase Plan.
Includes 510.797 shares representing dividend equivalents on unvested time-based restricted stock units.

Around the same time

CEO sold ~$148K of Starbucks

Scheduled in advance6mo ago

6mo ago

3,667Shares

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

6mo ago

3,667Shares

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record