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Kraft Heinz Insider Grant: 21,352 RSUs to Onell Cory, Settles 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

The Form 4 shows Onell Cory, an officer of The Kraft Heinz Company (KHC), received 21,352 restricted stock units on 09/03/2025 at no cash price as a grant under an award agreement. Those RSUs are scheduled to settle 100% into common stock on 03/03/2027. After the grant and including dividends reinvested, Mr. Cory beneficially owns 174,669 shares, which includes 2,606 shares from a dividend reinvestment program. The filing was signed by power of attorney on 09/05/2025.

Positive

  • Officer award aligns compensation with long-term performance via RSUs scheduled to settle in 2027
  • Disclosure includes dividend reinvestment detail, improving clarity on total beneficial ownership (2,606 shares)

Negative

  • Grant increases potential future dilution when 21,352 RSUs convert to common shares on settlement
  • Form does not disclose vesting conditions beyond settlement date, limiting assessment of retention incentives

Insights

TL;DR: Officer received a sizeable RSU grant increasing beneficial ownership to 174,669 shares; settlement deferred until 2027.

The transaction is a non-cash compensation grant of 21,352 restricted stock units that will convert to common shares on a specified future date, indicating standard equity compensation rather than an open-market purchase or sale. The reporting shows total beneficial ownership including dividend reinvestment, which helps quantify the insider's stake. For investors, this is a routine officer award and does not change outstanding share count until settlement.

TL;DR: Grant aligns officer compensation with long-term share performance through time-based vesting to 2027.

The RSU award subject to a March 3, 2027 settlement date suggests deferred equity compensation designed to align management incentives with shareholder outcomes over multiple years. The inclusion of dividend reinvestment in reported beneficial ownership clarifies the current stake. Filing executed by power of attorney is procedural and common for Form 4 submissions.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Onell Cory

(Last) (First) (Middle)
C/O THE KRAFT HEINZ COMPANY
ONE PPG PLACE, SUITE 3200

(Street)
PITTSBURGH PA 15222

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Kraft Heinz Co [ KHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Omnich Sales & AEM Ofcr
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/03/2025 A 21,352(1) A $0 174,669(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Subject to the terms and conditions of the applicable award agreement, these restricted stocks units are scheduled to settle in common stock 100% on March 3, 2027.
2. Includes an additional 2,606 shares acquired through a dividend reinvestment program.
Remarks:
/s/ Heidi Miller, by Power of Attorney 09/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Onell Cory report on the Form 4 for KHC?

He reported receiving 21,352 restricted stock units on 09/03/2025, scheduled to settle into common stock on 03/03/2027.

How many KHC shares does Onell Cory beneficially own after the reported transaction?

174,669 shares, which includes 2,606 shares from a dividend reinvestment program.

Was there any cash price paid for the RSU grant on this Form 4?

No cash price is reported; the transaction code indicates an award (A) with price listed as $0.

When will the restricted stock units reported by Onell Cory convert to KHC common stock?

The RSUs are scheduled to settle 100% on 03/03/2027, per the filing's explanation.

Who signed the Form 4 filing and when?

The form was signed by Heidi Miller by power of attorney on 09/05/2025.
Kraft Heinz Co

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United States
PITTSBURGH