Research Summary
AI-generated summary of this SEC filing
Kraft Heinz CEO Steven Cahillane Buys 213,106 Shares
What Happened
Steven A. Cahillane, Chief Executive Officer of Kraft Heinz Co. (KHC), acquired 213,106 shares in an open-market purchase on May 12, 2026. The weighted average purchase price was $23.46 per share, for a total reported outlay of approximately $4.9998 million. The reported total includes 7,524 shares acquired through a dividend reinvestment program.
Key Details
- Transaction date: 2026-05-12; Form 4 filed 2026-05-13 (timely filing). Accession: 0001416390-26-000012.
- Reported shares acquired: 213,106; weighted average price: $23.46; total value: ~$4,999,808.
- Price range: trades executed between $23.30 and $23.57 (weighted average reported; seller/insider offers to provide per-trade details on request). (F1)
- Includes 7,524 shares from a dividend reinvestment program. (F2)
- Filing does not indicate a 10b5-1 trading plan or that the transaction was a gift, option exercise, or tax withholding.
- Shares owned after the transaction: not specified in the information provided.
Context
This was an open-market purchase by the CEO (a cash buy), which investors often view as a positive signal because insiders are adding to their holdings. The filing is factual about execution details (multiple trades, price range) and does not itself explain motivation.