Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * JAB Holdings B.V. 2. Issuer Name and Ticker or Trading Symbol Krispy Kreme, Inc. [DNUT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) PIET HEINKADE 55 3. Date of Earliest Transaction (Month/Day/Year) 03/02/2026 (Street) AMSTERDAM, P7 1019 GM 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.01 per share 74,190,990 I See footnotes.(1)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Cash-Settled Total Return Swap(2)(3)

(2)(3)

03/02/2026

J/K(2)(3)

6,895,120(2)(3)

(2)(3)

(2)(3)

Common Stock

6,895,120

(2)(3)

6,895,120

D(4)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
JAB Holdings B.V. PIET HEINKADE 55 AMSTERDAM, P7 1019 GM		X
JAB Investments S.a r.l. 4, RUE JEAN MONNET LUXEMBOURG, N4 L-2180		X
JAB Holding Co s.a r.l. 4, RUE JEAN MONNET LUXEMBOURG, N4 L-2180		X
Joh. A. Benckiser s.a.r.l. PIET HEINKADE 55 AMSTERDAM, P7 1019 GM		X
Agnaten SE 4, RUE JEAN MONNET LUXEMBOURG, N4 L-2180		X
Lucresca SE 4, RUE JEAN MONNET LUXEMBOURG, N4 L-2180		X

Signatures

/s/ Sebastiaan Wolvers, Managing Director of JAB Holdings B.V.; /s/ Rafael Cunha, Managing Director of JAB Holdings B.V.		03/04/2026
**Signature of Reporting Person		Date
/s/ Sebastiaan Wolvers, Manager of JAB Investments s.a r.l.; /s/ Jonathan Norman, Manager of JAB Investments s.a r.l.		03/04/2026
**Signature of Reporting Person		Date
/s/ Frank Engelen, Manager of JAB Holding Company s.a r.l.; /s/ Jonathan Norman, Manager of JAB Holding Company s.a r.l.		03/04/2026
**Signature of Reporting Person		Date
/s/ Joachim Creus, Director of Joh. A. Benckiser B.V.; /s/ Jonathan Norman, Director of Joh. A. Benckiser B.V.		03/04/2026
**Signature of Reporting Person		Date
/s/ Joachim Creus, Authorized Representative of Lucresca SE		03/04/2026
**Signature of Reporting Person		Date
/s/ Joachim Creus, Authorized Representative of Agnaten SE		03/04/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	These shares (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of Krispy Kreme, Inc. (the "Company") are held and beneficially owned by JAB Indulgence B.V., a direct or indirect subsidiary of each Reporting Person herein. As such, each Reporting Person herein may be deemed a beneficial owner of Shares held by JAB Indulgence B.V. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein.
(2)	As previously disclosed, JAB Holdings B.V. entered into a long cash-settled total return equity swap on February 28, 2023 (the "Long Swap") with Banco Santander, S.A. (the "Dealer") providing for the establishment of long exposure with respect to a notional amount of up to the number of Shares purchased by the Dealer with an aggregate initial price not to exceed $100,000,000 (the "Subject Shares") that provide JAB Holdings B.V. with economic results that are comparable to the economic results of ownership of the Subject Shares. All balances will be exclusively cash settled.
(3)	On March 2, 2026, JAB Holdings B.V. and the Dealer agreed to extend the term of the Long Swap to March 1, 2028 for no additional consideration, although JAB Holdings B.V. has the right to terminate and close out the Long Swap during certain specified earlier periods if it so chooses. The extension resulted in a deemed cancellation of the existing Long Swap and a deemed entry into a new Long Swap with a later settlement date. The deemed cancellation is exempt from Sections 16(a) and 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rules 16a-4(d) and 16b-6(d) promulgated thereunder, respectively. JAB Holdings B.V.'s exposure with respect to the Subject Shares remains unchanged, and the Long Swap remains in full force and effect.
(4)	The Long Swap (but not the Subject Shares referenced thereby) is owned by JAB Holdings B.V., a direct or indirect subsidiary of each other Reporting Person herein. The Long Swap does not give JAB Holdings B.V. direct or indirect voting, investment or dispositive control over any securities of the Company or require the Dealer to acquire, hold, vote or dispose of any securities of the Company. Each Reporting Person disclaims beneficial ownership of the securities reported herein, including the Subject Shares, except to the extent of its pecuniary interest therein, and this Form 4 shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

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