Kraft Heinz Co·4

May 18, 5:58 PM ET

Sceti Elio Leoni 4

4 · Kraft Heinz Co · Filed May 18, 2026

Research Summary

AI-generated summary of this filing

Updated

Kraft Heinz (KHC) Director Sceti Elio Leoni Receives Stock Award

What Happened
Sceti Elio Leoni, a director of Kraft Heinz Co (KHC), received two grants of restricted stock units (RSUs) on May 14, 2026: 7,937 RSUs at $23.31 each ($185,011) and 3,218 RSUs at $23.31 each ($75,012), for a combined 11,155 RSUs valued at about $260,023. These are awards (code A), not open-market purchases or sales.

Key Details

  • Transaction date and price: May 14, 2026 — 7,937 RSUs @ $23.31 ($185,011) and 3,218 RSUs @ $23.31 ($75,012).
  • Vest/settlement: The RSUs are scheduled to settle 100% in common stock on May 14, 2027 (per filing footnote).
  • Deferred award: One grant reflects deferred shares elected in lieu of a cash retainer; those deferred shares will be delivered at the six-month anniversary of Mr. Leoni Sceti’s separation from service as a director.
  • Additional note: Filing states an additional 2,206 shares were acquired earlier through a dividend reinvestment program.
  • Ownership reporting: Some shares are held by Elma Investments Ltd., owned by Elma Trust, of which Mr. Leoni Sceti is a beneficiary (per footnote).
  • Shares owned after transaction: Not specified in the filing.
  • Timeliness: The Form 4 was filed on May 18, 2026 (covers transactions dated May 14); this filing date meets the typical Form 4 deadline.

Context
These transactions are compensation awards (RSUs) to a director—common for board retainer arrangements and deferred-compensation elections. RSUs typically convert to actual shares at settlement/vesting dates and do not represent an immediate open-market purchase or sale; they should be viewed as part of routine director compensation rather than a direct buy/sell signal.

Insider Transaction Report

Form 4
Period: 2026-05-14
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-14$23.31/sh+7,937$185,01151,201 total
  • Award

    Common Stock

    [F2][F3]
    2026-05-14$23.31/sh+3,218$75,01256,625 total
Holdings
  • Common Stock

    [F4]
    (indirect: See Footnote)
    40,000
Footnotes (4)
  • [F1]Subject to the terms and conditions of the applicable award agreement, these restricted stock units are scheduled to settle in common stock 100% on May 14, 2027.
  • [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. Leoni Sceti's separation from service as a director
  • [F3]Includes an additional 2,206 shares acquired through a dividend reinvestment program.
  • [F4]Shares owned directly by Elma Investments Ltd., which is wholly owned by Elma Trust. Mr. Leoni Sceti is a beneficiary of Elma Trust.
Signature
/s/ Heidi Miller, by Power of Attorney|2026-05-18

Documents

1 file
  • 4
    wk-form4_1779141510.xmlPrimary

    FORM 4