[Form 3] The Kraft Heinz Company Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Kraft Heinz Company (KHC) – Form 3 insider filing: Newly appointed Vice President & Global Controller Chris Asher has filed his initial statement of beneficial ownership dated 22 June 2025.

• Equity stake: 60,346 common shares held directly and 2,525 shares held indirectly through an IRA.
• Equity incentives: Two fully-vested option lots covering 561 shares at $37.09 (expires 03/01/2031) and 724 shares at $38.68 (expires 03/01/2032).
• Restricted equity detail: Footnotes list 17,487 time-based RSUs and 484 PSUs scheduled to vest between 2026-2029, all included in the direct holding figure.
• Compliance context: The filing establishes Mr. Asher as a Section 16 insider who will now be subject to ongoing reporting of future trades.

The disclosure is routine and does not indicate any new purchase or sale; it simply records existing awards and holdings associated with Asher’s executive appointment.

Positive

• Management alignment: New officer holds approximately 62.9 k shares plus options and RSUs, signalling personal financial stake in KHC’s performance.

Negative

• Immaterial scale: The disclosed holdings are negligible relative to Kraft Heinz’s total shares outstanding and therefore have limited market significance.

Insights

Financial Analyst

TL;DR – Routine insider Form 3; minimal market impact.

This filing formalises Chris Asher’s insider status after assuming the VP & Global Controller role. His direct and indirect holdings amount to roughly 62.9 k shares, worth about mid-single-digit millions at current prices, a modest stake for alignment but immaterial versus KHC’s 1.2 bn shares outstanding. No transaction is reported, and the options disclosed are already fully vested, so there is no immediate dilution or cash inflow implication. Overall, the document is chiefly regulatory with negligible valuation impact.

Corporate Governance Expert

TL;DR – Establishes new officer’s ownership, supports transparency.

From a governance standpoint the Form 3 is positive for disclosure completeness. Asher’s mix of direct shares, RSUs, PSUs and in-the-money options embeds long-term incentives aligned with shareholder interests. However, the quantities are small relative to enterprise size and do not alter insider ownership dynamics. No red flags are evident; signature via power of attorney and timely filing meet SEC requirements. Impact on investor decision-making remains neutral.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Asher Chris

(Last) (First) (Middle)

C/O THE KRAFT HEINZ COMPANY

ONE PPG PLACE, SUITE 3200

(Street)

PITTSBURGH PA 15222

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/22/2025

3. Issuer Name and Ticker or Trading Symbol
Kraft Heinz Co [ KHC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Global Controller (PAO)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	60,346(1)(2)	D
Common Stock	2,525	I	By IRA

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (right to buy)	03/01/2024(3)	03/01/2031	Common Stock	561	$37.09	D
Stock Options (right to buy)	03/01/2025(4)	03/01/2032	Common Stock	724	$38.68	D

Explanation of Responses:

1. Includes: (i) 37,325 shares of common stock; (ii) 1,452 shares acquired through a dividend reinvestment program; (iii) 646 RSUs awarded on March 1, 2022 which are scheduled to vest on March 1, 2026; (iv) 3,048 RSUs awarded on March 1, 2023, scheduled to vest 75% on March 1, 2026 and 25% on March 1, 2027; (v) 3,603 RSUs awarded on March 1, 2023 pursuant to the Issuer's Bonus Investment Plan scheduled to vest 100% on March 1, 2026; (vi) 3,545 RSUs awarded on March 1, 2024, scheduled to vest 75% on March 1, 2027 and 25% on March 1, 2028; (vii) 4,853 RSUs awarded on March 1, 2024 pursuant to the Issuer's Bonus Investment Plan, scheduled to vest 100% on March 1, 2027;

2. [continued from footnote 1] (viii) 1,612 RSUs awarded on March 1, 2025, scheduled to vest 75% on March 1, 2028 and 25% on March 1, 2029; (ix) 3,778 RSUs awarded on March 1, 2025 pursuant to the Issuer's Bonus Investment Plan, scheduled to vest 50% on March 1, 2027 and 50% on March 1, 2028; (x) 484 Performance Share Units granted on March 1, 2022 for which the performance period has been completed and achievement certificated at 50% scheduled to vest on March 1, 2026.

3. Options vested 100% on March 1, 2024, subject to the terms and conditions of the stock option award agreement.

4. Options vested 100% on March 1, 2025, subject to the terms and conditions of the stock option award agreement.

Remarks:

	/s/ Heidi Miller, as Power of Attorney	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kraft Heinz (KHC) file on July 2, 2025?

A Form 3 reporting the initial beneficial ownership of VP & Global Controller Chris Asher.

How many Kraft Heinz shares does Chris Asher own?

He directly owns 60,346 common shares and indirectly holds 2,525 shares via an IRA.

What derivative securities were disclosed in the Form 3?

Fully-vested stock options for 561 shares at $37.09 (exp. 03/01/2031) and 724 shares at $38.68 (exp. 03/01/2032).

Does the filing indicate any recent share purchase or sale?

No. The Form 3 only registers existing ownership; it does not reflect new transactions.

Why is a Form 3 important for investors?

It identifies when an individual becomes a Section 16 insider, enabling future monitoring of their trades via Forms 4 and 5.