Kraft Heinz Co·4

May 18, 5:58 PM ET

Sceti Elio Leoni 4

Research Summary

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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.