Starbucks grants $6M target PRSUs to executives tied to 'Back to Starbucks' turnaround goals

STARBUCKS CORP

Target value $6M per executive; vesting after FY2027 based on operational and strategic goals.
Threshold goal: meaningfully reduce operating expenses; payout up to 200% of target if TSR >= S&P 500 50th percentile.
Metrics include Green Apron Service rollout, coffeehouse uplifts, new food/beverage platforms, and Rewards revamp.
Awards 100% performance-based; require service through settlement to vest.
Designed to retain senior leaders and drive turnaround plan; aligns with shareholder value creation.

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