Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 5

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part II, Item 2
Chunk 5
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Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds.

Our share repurchase activity in the three months ended June 28, 2025 was:

 Total Numberof Shares Purchased(a)Average Price Paid Per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs(b)Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in millions)3/30/2025 — 5/3/20256,869,674 $29.56 6,835,372 $1,502 5/4/2025 — 5/31/20252,318 28.73 — 1,502 6/1/2025 — 6/28/20259,338 26.84 — 1,502 Total6,881,330 6,835,372 

(a)    Includes (1) shares purchased pursuant to the share repurchase program described in (b) below, and (2) shares withheld for tax liabilities associated with the vesting of RSUs and PSUs.

(b)    On November 27, 2023, the Company announced that the Board of Directors approved a share repurchase program authorizing the Company to purchase up to $3.0 billion of the Company’s common stock through December 26, 2026. The Company is not obligated to repurchase any specific number of shares and the program may be modified, suspended, or discontinued at any time. Under the program, shares may be repurchased in open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act, privately negotiated transactions, transactions structured through investment banking institutions, or other means.

Item 5.  Other Information.

(c) Insider Stock Trading Arrangements:

None

53

Item 6.  Exhibits.Exhibit No.Descriptions10.1Fourth Amendment, dated July 8, 2025, to the Credit Agreement dated July 8, 2022, among The Kraft Heinz Company, Kraft Heinz Foods Company, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K, filed on July 8, 2025).22.1List of Guarantor Subsidiaries.*31.1