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Insider Trends: Kraft Heinz Co Insider Receives Stock Award, Buy Trend Intact

05/10/2021 13:28

05:18 PM EDT, 05/10/2021 (MT Newswires) -- On May 06, 2021, Director, Gregory Abel, was awarded 5,451 Kraft Heinz Co (KHC) shares having an approximate value of $237,009 based on the daily closing price of the shares. Abel, subsequent to the transactions delineated in the SEC Form 4 filing, owns 45,894 shares of company stock, with a market value, based on the prior-day closing price, of $2.00 million.

Over the last 90 days, previous to the date of this filing, there have been 14 insider transactions reported to the SEC for Kraft Heinz Co. These transactions came from the activities of 10 separate insiders that resulted in a net acquisition of 461,388 company shares. Relative to the preceding 90-day window of time, there were 2 transactions from 2 insiders that resulted in the net acquisition of 89,984 shares.

This level of insider transactions is below that of the peer group average in the 45-company Food Processing peer group over the last 90-day period. Activity in the peer group averaged 120.8 transactions per company, and disposition of 186,686 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1637459/000163745921000053/xslF345X03/wf-form4_162068132102633.xml

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