Item 5. Other Information
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Item 5. Other Information
Insider Adoption or Termination of Trading Arrangements:
During the fiscal quarter ended December 28, 2025, none of our directors or officers informed us of the adoption or termination of a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Regulation S-K, Item 408, except as described in the table below:
| Name & Title | Date Adopted | Character of Trading Arrangement**(1)** | Aggregate Number of Shares of Common Stock to be Purchased or Sold Pursuant to Trading Arrangement | Duration | Other Material Terms | Date Terminated | ||||||||||||||
| Brady Brewer, chief executive officer, Starbucks International | December 11, 2024 | Rule 10b5-1 Trading Arrangement | Previously Disclosed | Previously Disclosed | Previously Disclosed | December 3, 2025 | ||||||||||||||
| December 3, 2025 | Rule 10b5-1 Trading Arrangement | Up to 22,290 shares to be sold(2) | December 31, 2026(4)(5) | N/A | N/A | |||||||||||||||
| Sara Kelly, executive vice president, chief partner officer | December 3, 2025 | Rule 10b5-1 Trading Arrangement | Up to 4,500 shares to be sold(3) | October 30, 2026(4)(5) | N/A | N/A |
(1) Except as indicated by footnote, each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended (the “Rule”).
(2) Mr. Brewer’s trading plan provides for the sale of up to 2,229 shares pursuant to each of ten orders, to be entered monthly from March through December 2026. Such sales are subject to limit prices of (i) $90 for 1,641 shares, and (ii) $100 for 588 shares, during the applicable good-until-cancelled period for such order.
(3) Ms. Kelly’s trading plan provides for the sale of up to 4,500 shares in three tranches pursuant to an order entered on March 5, 2026. Such sales are subject to limit prices of (i) $90 for 1,000 shares, (ii) $95 for 1,500 shares, and (iii) $105 for 2,000 shares, during the applicable good-until-cancelled period for such order.
(4) Except as indicated by footnote, each trading arrangement permitted or permits transactions through and including the earlier to occur of (a) the completion of all purchases or sales or the expiration of all of the orders relating to such trades, or (b) the date listed in the table. Each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” only permits transactions upon expiration of the applicable mandatory cooling-off period under the Rule.
(5) The arrangement also provides for automatic expiration in the event of the officer’s death, bankruptcy, or insolvency, notice from the officer or the officer’s agent of termination of the trading arrangement, or a determination by the broker that the trading arrangement has been terminated or that a breach by the officer has occurred or upon the broker’s exercise of its termination rights under the trading arrangement.
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