STARBUCKS CORP
For the period ended Mar 25, 2026. Filed Jan 26, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Mar 25, 2026 · Filed Jan 26, 2026
SBUX$105.41-0.7%Stored close · as of Nov 6, 2026
Contents
Executive Compensation Program
Fiscal Year 2025 Executive Compensation Program Overview
The following table provides information regarding the elements of our fiscal year 2025 executive compensation program.
| Element | Form | Objectives and Basis |
|---|---|---|
| Base Salary | Cash | • Attract and retain highly qualified executives to drive our success |
| Annual Incentive Bonus | Cash | • Drive short-term Company performance and promote our financial goals • Actual payout based on financial performance against pre-established goals for adjusted net revenue and adjusted operating income and individual performance |
| Long-term Incentive | PRSUs (60%) and time-based RSUs (40%) | • Drive long-term Company performance, align interests of executives with those of shareholders, and retain executives through long-term vesting and potential wealth accumulation • PRSUs are earned based on three-year adjusted EPS performance and three-year comparable store sales measured against annual targets that are established at the beginning of each year in the performance period, subject to downward or upward adjustment of up to 25% based on our relative TSR performance measured over a cumulative three-year period. • Time-based RSUs vest over a four-year period, subject to continued service with the Company, and become more valuable as our stock price increases, which aligns the recipients’ interests with the interests of our shareholders |
| “Back to Starbucks” PRSU Grant | PRSUs (100%) | • Designed to motivate and retain our senior leaders to deliver on the significant transformation required by our turnaround plan and to support continued investment in the in-coffeehouse experience • No PRSUs will vest unless management reduces operating expenses by at least $800 million cumulative across fiscal years 2026 and 2027 • If operating expenses are meaningfully reduced, additional vesting is directly tied to the achievement of key components of the “Back to Starbucks” strategy to encourage our senior leaders to achieve these goals with urgency and excellence • Subject to a downward adjustment if the Company’s relative TSR compared to the S&P 500 over the performance period is not at least equal to the 50th percentile |
| Perquisites and Other Executive Benefits | See “Other Fiscal Year 2025 Compensation Matters – Perquisites and Other Executive Benefits” on page 64 | • Provide for the safety and wellness of our executives and support our objective of attracting and retaining top executive talent |
| 44 | STARBUCKS 2026 PROXY | EXECUTIVE COMPENSATION PROGRAM |
| Element | Form | Objectives and Basis |
|---|---|---|
| Deferred Compensation | 401(k) plan and non-qualified Management Deferred Compensation Plan | • Provide methods for general savings, including for retirement and benefits generally consistent with those offered by our peer group |
| General Benefits | Health and welfare plans, stock purchase plan, and other broad-based partner benefits | • Offer competitive benefits package that generally includes benefits offered to all partners |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.