Kraft Heinz executive logs stock sales and awards
Kraft Heinz executive Cory Onell, Chief Omnich Sales & AEM Officer, reported multiple transactions in company common stock.
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Rhea-AI Filing Summary
Kraft Heinz executive Cory Onell, Chief Omnich Sales & AEM Officer, reported multiple transactions in company common stock. He sold 9,045 shares at $24.61 and 4,991 shares at $24.34 in open-market trades effected under a Rule 10b5-1 trading plan. Onell also received stock awards totaling 52,869 shares, including restricted stock units and performance share units, and 19,696 shares were withheld to cover tax obligations. Following these transactions, he directly owned 197,463 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,991 | $24.34 | $121K |
| Sale | Common Stock | 9,045 | $24.61 | $223K |
| Grant/Award | Common Stock | 32,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 20,869 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 19,696 | $24.61 | $485K |
Footnotes (5)
- 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 3,657 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.
- F5. Effected pursuant to a pre-arranged trading plan established in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
FAQ
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What insider transactions did Kraft Heinz (KHC) executive Cory Onell report?
What stock awards did Cory Onell of Kraft Heinz (KHC) receive?
Were Cory Onell’s Kraft Heinz (KHC) stock sales under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.