Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KHC | Common Stock | Tax liability | -$1.01M | -30K | -14.54% | $33.56 | 176K | Aug 16, 2023 | Direct | F1 |
transaction | KHC | Common Stock | Sale | -$369K | -11K | -6.24% | $33.55 | 165K | Aug 17, 2023 | Direct | F2, F3 |
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).
Id | Content |
---|---|
F1 | Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units. |
F2 | Effected pursuant to a pre-arranged trading plan adopted by the reporting person on May 4, 2023, in accordance with Rule 10b5-1 of the Securities Act of 1934, as amended. |
F3 | This transaction was executed in multiple trades at prices ranging from $33.40 to $33.63. 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. |