POPE JOHN C 4
Research Summary
AI-generated summary
Kraft Heinz (KHC) Director John C. Pope Receives Award
What Happened
John C. Pope, a director of Kraft Heinz Co. (KHC), was reported to have acquired 7,937 shares as a grant/award on May 14, 2026. The reported grant price is $23.31 per share, valuing the award at approximately $185,011. The filing reports the transaction as an award/grant (Form 4 code A), not an open-market purchase.
Key Details
- Transaction date: May 14, 2026; Report filed: May 18, 2026 (filed within the two-business-day window).
- Price per share: $23.31; Total reported value: ~$185,011.
- Shares acquired: 7,937 (the reported total includes 3,861 shares acquired through a dividend reinvestment program).
- Footnote highlights:
- F1: These are deferred shares; receipt is deferred until Mr. Pope’s separation from service as a director.
- F2: The 7,937 total includes 3,861 shares from a dividend reinvestment program.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
Context
This was a compensation-related award (A = grant/award) of deferred shares rather than a market purchase or sale. Deferred awards are typically paid out upon termination/separation and do not necessarily indicate immediate buying or selling sentiment by the insider.