Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 41

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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25.41 Outstanding at September 27, 20255,684,258 42.34 

16

The aggregate intrinsic value of stock options exercised during the period was insignificant for the nine months ended September 27, 2025Restricted Stock Units:Our restricted stock unit (“RSU”) activity and related information was:Number of UnitsWeighted Average Grant Date Fair Value (per share)Outstanding at December 28, 20246,705,507 $37.31 Granted2,776,815 30.74 Forfeited(718,915)35.25 Vested(1,957,252)38.40 Outstanding at September 27, 20256,806,155 34.54 The aggregate fair value of RSUs that vested during the period was $60 million for the nine months ended September 27, 2025.Performance Share Units:Our performance share unit (“PSU”) activity and related information was:Number of UnitsWeighted Average Grant Date Fair Value (per share)Outstanding at December 28, 20245,389,930 $31.77 Granted3,188,751 30.48 Forfeited(a)(1,541,095)31.15 Vested(636,046)34.78 Outstanding at September 27, 20256,401,540 31.01 (a)    Includes PSUs forfeited due to employee terminations and performance conditions that were not satisfied.The aggregate fair value of PSUs that vested during the period was $19 million for the nine months ended September 27, 2025.

Note 11.  Postemployment Benefits

See our consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 28, 2024 for additional information on our postemployment-related accounting policies.Pension PlansComponents of Net Pension Cost/(Benefit):Net pension cost/(benefit) consisted of the following (in millions):For the Three Months EndedU.S. PlansNon-U.S. PlansSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024Service cost$— $— $2 $2 Interest cost28 33 15 14 Expected return on plan assets(44)(49)(24)(21)Amortization of prior service costs/(credits)— 1 1