SEC Filing Analysis: STARBUCKS CORP (SBUX)

Executive Summary

• Trading Significance: Low
• Key Takeaway: International CEO executes a small, pre-planned sale of 588 shares.
• Market Impact: Negligible; transaction volume is immaterial relative to market capitalization.

Company Information

Field	Value
Company	STARBUCKS CORP
Ticker Symbol	SBUX
CIK	0000829224
Industry	Retail-Eating & Drinking Places

Insider Information

Field	Value
Name	BREWER BRADY
CIK	0002018223
Title/Position	ceo, International
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-03-09
Transaction Code	S (Sale)
Security Type	Common Stock
Shares Involved	588
Price Per Share	$100.00
Total Value	$58,800
Shares Owned After	86,016.502
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$58,800
% of Market Cap	~0.00005%
Shares Transacted	588
% of Shares Outstanding	~0.00005%
Post-Transaction Ownership	86,016 shares (0.0075% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: With a market cap of $112.78 billion, a $58,800 transaction is statistically irrelevant to the broader market.
• Ownership Concentration: The insider retains a substantial position of over 86,000 shares following this minor liquidation.
• Transaction Significance: The sale represents a tiny fraction of both the company's value and the insider's total holdings.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The transaction volume is too low to impact price action, and the use of a 10b5-1 plan negates sentiment signaling.

Volume & Sentiment

• Expected Volume Impact: None.
• Sentiment Indicator: Neutral.

Additional Context

Transaction Notes

• Special Circumstances: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on December 3, 2025. This indicates the sale was pre-scheduled and not based on current material non-public information.