13D Filings
Home
FAQ
Krispy Kreme, Inc.
DNUT
Amendment
Ownership

43.44%

Total Shares

74,190,990

Issuer CIK

1857154

CUSIP

50101L106

Event Date

Jun 11, 2025

Accepted

Jun 16, 2025, 09:17 AM

SEC EDGARView Original Filing
Reporting Persons (7)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
JAB Indulgence B.V.
Holding Company
43.44%74,190,990074,190,990
JAB Holdings B.V.
Holding Company
43.44%74,190,990074,190,990
JAB Investments S.a r.l.
Holding Company
43.44%74,190,990074,190,990
JAB Holding Company S.a r.l.
Holding Company
43.44%74,190,990074,190,990
Joh. A. Benckiser S.a r.l.
Holding Company
43.44%74,190,990074,190,990
Agnaten SE
Holding Company
43.44%74,190,990074,190,990
Lucresca SE
Holding Company
43.44%74,190,990074,190,990
Disclosure Items (4)

Security Title

Common Stock, Par Value $0.01 Per Share

Issuer Name

Krispy Kreme, Inc.

Issuer Address

2116 HAWKINS STREET, CHARLOTTE, NC, 28203

Item 4 is hereby amended and supplemented as follows: Extension of Long Swap Arrangement As previously disclosed in Amendment No. 7 to this Schedule 13D, JAB Holdings and BNP Paribas entered into a long cash-settled total return equity swap on August 17, 2022 (the "Long Swap") for establishment of long exposure with respect to a notional amount of shares of common stock, par value $0.01 per share (the "Shares"), of Krispy Kreme, Inc. (the "Company") of 8,000,000 Shares. On June 12, 2025, JAB Holdings and BNP Paribas agreed to extend the term of the Long Swap to August 18, 2027. All other material terms of the Long Swap remain materially unchanged and in full force and effect.

Percentage of Class

JAB Indulgence beneficially owns 74,190,990 Shares, which represents 43.44% of the issued and outstanding Shares as of May 2, 2025, as set forth in the Quarterly Report on Form 10-Q (the "Latest Disclosure"), filed by the Company with the United States Securities and Exchange Commission (the "Commission") on May 8, 2025.

Number of Shares

Each other Reporting Person may be deemed, for purposes of Rule 13d-3 under the Exchange Act, to share the power to vote or dispose, or to direct the voting or disposition of, the 74,190,990 Shares beneficially owned by JAB Indulgence. Therefore, for the purpose of Rule 13d-3, JAB Holdings, JAB Investments, JAB Holding Company, Joh. A. Benckiser, Agnaten and Lucresca may be deemed to be the beneficial owners of an aggregate of 74,190,990 Shares, which represents 43.44% of the issued and outstanding Shares as of May 2, 2025, as set forth in the Latest Disclosure. Except as set forth in this Item 5(a), none of the Reporting Persons, and, to the best knowledge of the Reporting Persons, none of the persons named in Schedule A hereto beneficially owns any Shares. Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission by the Reporting Persons that it is the beneficial owner of any Shares.

Transactions

Except as reported in Amendment No. 12, none of the Reporting Persons, and to the best knowledge of the Reporting Persons, none of the persons named in Schedule A hereto, has effected any transactions in the Shares during the past 60 days.

Shareholders

None of the Reporting Persons and, to the best knowledge of the Reporting Persons, none of the persons named in Schedule A hereto or any other person, and no other person, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of the Company reported herein.

Date of 5% Ownership

Not applicable.

As described in Item 4 above, JAB Holdings entered into an amendment to the Long Swap.

Krispy Kreme, Inc. — Schedule 13D | 13D Filings