PALMER ANTHONY J. 4

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.