Form 4: Kraft Heinz Director Patricio Miguel Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Patricio Miguel reports a change in beneficial ownership of Kraft Heinz Co shares due to a gift transaction.
Summary
- On March 14, 2025, Patricio Miguel, a director of Kraft Heinz Co, reported changes in his beneficial ownership of the company's common stock.
- He gifted 72,465 shares directly, reducing his direct holdings to 114,177 shares.
- He also gifted 72,465 shares held in trust, increasing his indirect holdings to 811,817 shares.
- His total indirect holdings include 558,488 shares held by a grantor retained annuity trust.
- The shares held by a revocable trust are co-managed by Mr. Patricio and his spouse, with Mr. Patricio, his spouse, and his children as beneficiaries.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of the transaction (gift of shares) |
| 03/17/2025 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.