---
schema_version: "secwatch.filing_event.v1"
accession: "0001637459-22-000204"
form_type: "8-K"
ticker: "KHC"
cik: "0001637459"
company_name: "Kraft Heinz Co"
filed_at: "2022-12-09T23:59:59+00:00"
generated_at: "2026-06-21T06:49:37.399058+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Kraft Heinz amends severance, CIC plans, and equity award treatment for NEOs effective Jan 1, 2023

## Summary
- New severance plan (eff. Jan 1, 2023): CEO gets 24 months' salary, senior executives 18 months, plus prorated equity vesting for pre-2023 awards.
- New Change in Control Severance Plan: CEO receives 2x salary plus target bonus, senior execs 1.5x sum; health benefits for 24/18 months respectively.
- Amendments to 2016/2020 omnibus plans: performance awards deemed satisfied at greater of target/actual; accelerated vesting if successor doesn't assume awards.
- Severance conditioned on release of claims and restrictive covenants (non-compete/non-solicit) for period equal to months of salary.

## SEC filing metadata
- accession: 0001637459-22-000204
- form_type: 8-K
- ticker: KHC
- cik: 0001637459
- company_name: Kraft Heinz Co
- filed_at: 2022-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637459/000163745922000204/0001637459-22-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637459/000163745922000204/khc-20221206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637459-22-000204
- JSON: https://secwatch.observer/filing/0001637459-22-000204.json
- Plain text: https://secwatch.observer/filing/0001637459-22-000204.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.