Form 4: Kraft Heinz Director Elio Leoni Sceti Reports Share Transactions

Director Elio Leoni Sceti reports acquisition and disposal of Kraft Heinz shares, including deferred shares and shares owned indirectly through Elma Investments Ltd.

Summary

• On May 2, 2024, Elio Leoni Sceti, a director of Kraft Heinz Co, reported transactions involving the company's common stock.
• He acquired 7,967 shares at a price of $36.72 per share, which includes 2,928 deferred shares in lieu of a cash retainer.
• The receipt of these deferred shares is postponed until six months after his departure from the Kraft Heinz board.
• He also disposed of 90,000 shares held indirectly through Elma Investments Ltd.
• Following these transactions, Mr. Sceti directly owns 31,013 shares, including 1,004 shares acquired through a dividend reinvestment program, and indirectly owns 90,000 shares through Elma Investments Ltd.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the director's investment activities.

Key Dates