Vince Garlati - Mar 1, 2025 Form 4 Insider Report for Kraft Heinz Co (KHC)

Signature
/s/ Heidi Miller, by Power of Attorney
Stock symbol
KHC
Transactions as of
Mar 1, 2025
Transactions value $
-$648,120
Form type
4
Date filed
3/4/2025, 04:44 PM
Previous filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Award $0 +6.96K +12.24% $0.00 63.8K Mar 1, 2025 Direct F1, F2
transaction KHC Common Stock Award $0 +3.87K +6.05% $0.00 67.7K Mar 1, 2025 Direct F3
transaction KHC Common Stock Award $47.5K +1.55K +2.28% $30.71 69.3K Mar 1, 2025 Direct F4
transaction KHC Common Stock Award $0 +1.1K +1.59% $0.00 70.4K Mar 1, 2025 Direct F5
transaction KHC Common Stock Award $0 +3.88K +5.51% $0.00 74.2K Mar 1, 2025 Direct F5
transaction KHC Common Stock Tax liability -$184K -6K -8.09% $30.71 68.2K Mar 1, 2025 Direct F6
transaction KHC Common Stock Sale -$377K -12.3K -17.98% $30.70 56K Mar 3, 2025 Direct F7, F8
transaction KHC Common Stock Sale -$135K -4.26K -7.61% $31.60 51.7K Mar 4, 2025 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
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, 2028, and 25% on March 1, 2029.
F2 Includes an additional 602 shares acquired through a dividend reinvestment program.
F3 Subject to terms and conditions of the applicable award agreement, these restricted stock units award pursuant to the Issuer's Bonus Investment Plan and are scheduled to vest 50% on March 1, 2027, and 50% on March 1, 2028.
F4 Common stock issued pursuant to the Compensation Committee approved Issuer's Bonus Investment Plan.
F5 Represents number of shares earned under performance share units granted on March 1, 2022, for which the performance period has been completed and achievement certified at 50%, and which vest and settle in stock, subject to the terms and conditions of the applicable award agreement.
F6 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
F7 Effected pursuant to a pre-arranged trading plan established in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F8 This transaction was executed in multiple trades at prices ranging from $30.650 to $30.740. The price reported above reflects the weighted average sale price. Mr. Garlati hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer full information regarding the number of shares and the prices at which the transaction was affected.