Rashida la Lande - 07 Aug 2023 Form 4 Insider Report for Kraft Heinz Co (KHC)

Signature
/s/ Nicole Fritz by Power of Attorney
Issuer symbol
KHC
Transactions as of
07 Aug 2023
Net transactions value
-$577,007
Form type
4
Filing time
09 Aug 2023, 16:18:48 UTC
Previous filing
05 Jul 2023
Next filing
18 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Sale $577,007 -16,453 -7.4% $35.07 206,243 07 Aug 2023 Direct F1, F2
* 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 This transaction was executed in multiple trades at prices ranging from $34.960 to $35.355. The price reported above reflects the weighted average sale price. Ms. La Lande 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 effected.
F2 Includes an additional 1,702 shares acquired through a dividend reinvestment program.