Kraft Heinz director granted 56,029 shares
Kraft Heinz Co director Miguel Patricio reported equity compensation and related tax withholding in common stock.
Rhea-AI Filing Summary
Kraft Heinz Co director Miguel Patricio reported equity compensation and related tax withholding in common stock. He acquired 56,029 shares at a stated price of $0.00 through the vesting of performance share units granted on March 1, 2023, after achievement was certified at 61.47% and settled in stock.
To cover tax obligations tied to the vesting of performance share units and restricted stock units, 59,528 shares were disposed of at $24.61 per share via share withholding, not an open-market sale. After these transactions, he directly owned 166,489 shares, plus indirect holdings through trusts totaling 561,817 and 558,488 shares, including 2,551 shares from a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 56,029 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 59,528 | $24.61 | $1.46M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. Includes an additional 2,551 shares acquired through a dividend reinvestment program.
- F3. Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
- F4. Shares held by revocable trust, of which Mr. Patricio and his spouse are co-trustees and Mr. Patricio, his spouse, and his children are beneficiaries.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Kraft Heinz (KHC) director Miguel Patricio report?
What does the tax withholding transaction mean in Miguel Patricio’s Kraft Heinz (KHC) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.