PALMER ANTHONY J. 4
4 · Kraft Heinz Co · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Kraft Heinz (KHC) Director Anthony Palmer Receives Deferred Shares
What Happened
Anthony J. Palmer, a director of Kraft Heinz Co. (KHC), was granted deferred share awards on May 14, 2026. The filing shows two awards: 7,937 shares at $23.31 each (value $185,011) and 793 shares at $23.31 each (value $18,485), totaling 8,730 shares and roughly $203,496. These were awards (code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-05-14; Filing date: 2026-05-18 (filed within the standard two-business-day Form 4 deadline).
- Award details: 7,937 shares @ $23.31 = $185,011 (F1); 793 shares @ $23.31 = $18,485 (F2).
- Total granted: 8,730 shares, approx. $203,496.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — deferred shares vested/receipt deferred until Mr. Palmer’s separation from service as a director. F2 — deferred shares granted in lieu of cash retainer; receipt deferred until six months after Mr. Palmer’s separation from service.
- Transaction type: Award/Grant (A); not a purchase or sale.
Context
These are deferred compensation awards, meaning Mr. Palmer will not receive the shares immediately; timing depends on his separation from the board (and in one case, an additional six-month delay). Such grants are routine director compensation and do not represent an immediate buy/sell signal in the market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-14$23.31/sh+7,937$185,011→ 7,937 total - Award
Common Stock
[F2]2026-05-14$23.31/sh+793$18,485→ 8,730 total
Footnotes (2)
- [F1]Grant of deferred shares, receipt of which is deferred until Mr. Palmer's separation from service as a director.
- [F2]Grant of deferred shares pursuant to an election to receive deferred shares in lieu of cash retainer. Receipt of the shares is deferred until the six-month anniversary of Mr. Palmer's separation from service as a director.