CAHILLANE STEVEN A 4
Research Summary
AI-generated summary
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.