secwatch.observer — SEC 8-K summary
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Issuer:     Krispy Kreme, Inc. (DNUT)
CIK:        0001857154
Form:       8-K
Filed at:   2022-12-08T23:59:59+00:00
Accession:  0001857154-22-000122
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Krispy Kreme appoints Jeremiah Ashukian as CFO, effective Jan 9, 2023
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- Ashukian was VP & CFO of Mars Wrigley North America; 20 years at Mars.
- Base salary of $650,000; eligible for 80% annual bonus (0-200% of target).
- One-time compensation: $675k sign-on bonus, $1.5M RSUs, and $2M stock options.
- Board approved new Total Compensation & Ownership Structure for NEOs including stock ownership guidelines.
- NEOs meeting ownership guidelines get 50% RSUs / 50% PSUs; additional retention RSUs possible.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857154/000185715422000122/0001857154-22-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857154/000185715422000122/dnut-20221208.htm
  HTML page:      https://secwatch.observer/filing/0001857154-22-000122

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer