Cox L Kevin 4

What Happened
Kevin Cox, a director of Kraft Heinz Co. (KHC), received an award of 7,937 deferred common shares on 2026-05-14 at an implied price of $23.31 per share, a grant value of approximately $185,011. This transaction is an award/grant (code A), not an open-market purchase or sale — it reflects compensation, not an immediate trade.

Key Details

• Transaction date: 2026-05-14; Form 4 filed 2026-05-18 (appears timely).
• Shares granted: 7,937; grant price used: $23.31; total value ≈ $185,011.
• Transaction type/code: Award/Grant (A).
• Footnote: Grant is of deferred shares — receipt is deferred until Mr. Cox’s separation from service as a director (see footnote F1).
• Shares owned after transaction: not disclosed in the provided summary — see the full Form 4 for total holdings.

Context
Deferred share awards to directors are common as part of compensation programs and do not represent an immediate purchase or sale of stock. Because vesting/receipt is deferred until separation from service, this award is primarily a compensation/retention measure and should not be read as a direct signal of near-term insider buying or selling.