Kelley Mary Lou 4

What Happened

• Mary Lou Kelley, a director of Kraft Heinz Co (KHC), was granted/received a total of 8,730 shares (restricted stock units and deferred shares) on May 14, 2026. The filing shows two entries: 7,937 RSUs at $23.31 each (value $185,011) and 793 deferred shares at $23.31 each (value $18,485), totaling $203,496.
• This was an award/grant (code A), not an open‑market purchase or sale. Awards are typically compensation or deferred retainer elections rather than a direct buy/sell indicating a trading view.

Key Details

• Transaction date: May 14, 2026. Report filed with the SEC on May 18, 2026 (four days after the transaction).
• Prices and values: 7,937 @ $23.31 = $185,011; 793 @ $23.31 = $18,485; combined value ≈ $203,496.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes of note:
  • F1: The RSUs are scheduled to settle 100% into common stock on May 14, 2027.
  • F2: The 793 shares are deferred shares received in lieu of a cash retainer; receipt is deferred until six months after Ms. Kelley’s separation from service as a director.
• Timeliness: The Form 4 was filed four days after the transaction. Insiders are generally required to file Form 4 within two business days, so this filing may be late.

Context

• These entries are awards and deferred compensation, which are routine for directors. Such grants do not necessarily signal a personal market view (unlike purchases or sales) but are part of director pay or deferred-retainer elections.
• For retail investors, awards mainly indicate how the company compensates its board; they are not the same as an insider purchasing shares with personal funds.