Kraft Heinz EVP awarded shares, tax shares withheld
Kraft Heinz executive vice president Flavio Torres reported equity compensation changes in company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Kraft Heinz executive vice president Flavio Torres reported equity compensation changes in company stock. On March 1, he received two stock awards of 10,909 and 22,082 common shares, and 25,026 shares were withheld to cover tax obligations tied to vesting restricted and performance share units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,909 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 22,082 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 25,026 | $24.61 | $616K |
Footnotes (4)
- F1. Subject to the terms and conditions of the applicable award agreement, these restricted stocks units are scheduled to settle in common stock 75% on March 1, 2029 and 25% on March 1, 2030.
- F2. Includes an additional 1,746 shares acquired through a dividend reinvestment program.
- F3. Represents number of shares earned under performance share units granted on March 1, 2023, for which the performance period has been completed and achievement certified at 61.47%, and which vest and settle in stock, subject to the terms and conditions of the applicable award agreement.
- F4. Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Kraft Heinz (KHC) report for Flavio Torres?
When will Flavio Torres’s restricted stock units in Kraft Heinz settle?
AI-generated analysis. How Rhea-AI works. Not financial advice.