Summary by Moomoo AI
On March 13, 2024, Mellody L. Hobson, associated with Starbucks Corp [SBUX], was granted 5,403 shares of common stock at no cost. Following this transaction, Hobson's direct holdings in the company increased to a total of 445,533.749 shares. Additionally, it was reported that Hobson has an indirect ownership of 283,146 shares through The GWL Living Trust. The grant of shares to Hobson is a part of Starbucks' stock-based compensation program and reflects the company's ongoing commitment to aligning the interests of its executives with those of its shareholders.