---
schema_version: "secwatch.filing_event.v1"
accession: "0001857154-25-000111"
form_type: "8-K"
ticker: "DNUT"
cik: "0001857154"
company_name: "Krispy Kreme, Inc."
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:20:48.011217+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Krispy Kreme sets CFO Duvivier's pay: $700K salary, 80% bonus target, $750K LTI

## Summary
- Raphael Duvivier (CFO effective July 11) gets $700K base, 80% bonus target, $750K FY2026 LTI target.
- Retention grants approved: CEO Joshua Charlesworth ~$1M, CFO ~$750K, CPO ~$600K in options/RSUs/PSUs.
- Options have 6-year term and 3-year cliff vesting; RSUs vest on 2nd anniversary; PSUs vest on 2026-2028 goals.
- H2 2025 cash bonus redesigned: eligible execs get higher of existing plan or new EBITDA/FCF-based target at 50%.

## SEC filing metadata
- accession: 0001857154-25-000111
- form_type: 8-K
- ticker: DNUT
- cik: 0001857154
- company_name: Krispy Kreme, Inc.
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857154/000185715425000111/0001857154-25-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857154/000185715425000111/dnut-20250701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857154-25-000111
- JSON: https://secwatch.observer/filing/0001857154-25-000111.json
- Plain text: https://secwatch.observer/filing/0001857154-25-000111.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.