Kraft Heinz (KHC) director Elio Leoni Sceti receives stock and deferred share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sceti Elio Leoni reported acquisition or exercise transactions in this Form 4 filing.
Kraft Heinz Co director Elio Leoni Sceti reported stock-based awards that increased his holdings. On May 14, 2026, he received 3,218 restricted stock units at $23.31 per share, scheduled to settle in common stock 100% on May 14, 2027. He also received 7,937 deferred shares at $23.31 per share in lieu of a cash retainer, with receipt deferred until the six-month anniversary of his separation from service as a director.
Following these awards, he holds 56,625 shares of Kraft Heinz common stock directly and 40,000 shares indirectly through Elma Investments Ltd, which is wholly owned by Elma Trust, of which he is a beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sceti Elio Leoni
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,937 | $23.31 | $185K |
| Grant/Award | Common Stock | 3,218 | $23.31 | $75K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,201 shares (Direct, null);
Common Stock — 40,000 shares (Indirect, See Footnote)
Footnotes (1)
- 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. 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 Includes an additional 2,206 shares acquired through a dividend reinvestment program. Shares owned directly by Elma Investments Ltd., which is wholly owned by Elma Trust. Mr. Leoni Sceti is a beneficiary of Elma Trust.
Key Figures
RSU grant: 3,218 shares at $23.31
Deferred shares grant: 7,937 shares at $23.31
Direct holdings after awards: 56,625 shares
+3 more
6 metrics
RSU grant
3,218 shares at $23.31
Restricted stock units granted May 14, 2026
Deferred shares grant
7,937 shares at $23.31
Deferred shares in lieu of cash retainer, May 14, 2026
Direct holdings after awards
56,625 shares
Total direct Kraft Heinz common stock after transactions
Indirect holdings
40,000 shares
Held by Elma Investments Ltd, wholly owned by Elma Trust
Dividend reinvestment shares
2,206 shares
Additional shares acquired via dividend reinvestment program
RSU settlement date
May 14, 2027
Scheduled settlement of restricted stock units in common stock
Key Terms
restricted stock units, deferred shares, dividend reinvestment program, cash retainer, +1 more
5 terms
restricted stock units financial
"these restricted stock units are scheduled to settle in common stock 100% on May 14, 2027"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment program financial
"Includes an additional 2,206 shares acquired through a dividend reinvestment program"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
cash retainer financial
"election to receive deferred shares in lieu of cash retainer"
beneficiary financial
"Mr. Leoni Sceti is a beneficiary of Elma Trust"
FAQ
What insider transactions did Kraft Heinz (KHC) director Elio Leoni Sceti report?
Elio Leoni Sceti reported receiving stock-based awards, not open-market trades. He acquired 3,218 restricted stock units and 7,937 deferred shares of Kraft Heinz common stock as director compensation, both recorded on May 14, 2026, under grant or award transactions.
What are the terms of Elio Leoni Sceti’s restricted stock units from Kraft Heinz (KHC)?
He received 3,218 restricted stock units at $23.31 per share. Subject to the award agreement, these units are scheduled to settle 100% in Kraft Heinz common stock on May 14, 2027, meaning he will receive shares at that future settlement date.
What does the dividend reinvestment footnote in the Kraft Heinz (KHC) Form 4 mean?
One footnote states his holdings include an additional 2,206 shares acquired through a dividend reinvestment program. This indicates some Kraft Heinz dividends were automatically used to purchase more shares, modestly increasing his position over time without separate cash transactions.
How are Elio Leoni Sceti’s indirect Kraft Heinz (KHC) holdings structured?
The Form 4 notes 40,000 shares are owned by Elma Investments Ltd, wholly owned by Elma Trust. Elio Leoni Sceti is a beneficiary of Elma Trust, so these shares are reported as indirectly owned, reflecting his economic interest through the trust structure.