Restricted stock award boosts Kraft Heinz (NASDAQ: KHC) CEO stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kraft Heinz Co director and CEO Steven A. Cahillane reported an equity award of 182,853 shares of common stock classified as a grant or other acquisition at a stated price of $0.00 per share. Following this award, his reported direct ownership rose to 414,530 common shares.
According to the footnote, these restricted stock units are scheduled to settle in common stock 75% on March 1, 2029 and 25% on March 1, 2030. The filing also lists 1,540.816 common shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CAHILLANE STEVEN A
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 182,853 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 414,530 shares (Direct);
Common Stock — 1,540.816 shares (Indirect, By 401(k) Plan)
Footnotes (1)
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FAQ
What insider transaction did Kraft Heinz (KHC) report for CEO Steven Cahillane?
Kraft Heinz reported CEO Steven A. Cahillane receiving an equity award of 182,853 shares of common stock at a stated price of $0.00 per share. This grant increased his reported direct holdings to 414,530 shares, according to the Form 4 filing.
How are Steven Cahillane’s new Kraft Heinz (KHC) restricted units scheduled to vest?
The award consists of restricted stock units scheduled to settle in common stock 75% on March 1, 2029 and 25% on March 1, 2030. This two-step settlement structure spreads the delivery of shares over several years, aligning with longer-term service or performance conditions.
What indirect Kraft Heinz (KHC) holdings are disclosed for Steven Cahillane?
In addition to direct holdings, the filing reports 1,540.816 common shares held indirectly by a 401(k) plan. This entry reflects shares in a retirement account, with ownership coded as indirect, complementing but distinct from his directly held Kraft Heinz shares.