Overview
- Kraft Heinz filed a prospectus supplement with the SEC to register the potential resale of 325,442,152 shares held by Berkshire, equal to about 27.5% of the company.
- The registration enables a sale but does not indicate that Berkshire has begun selling or that a transaction is imminent.
- Kraft Heinz shares fell roughly 4% to 7% in after-hours and premarket trading following the disclosure.
- Berkshire has recorded about $6.76 billion in cumulative write-downs on the stake, and Warren Buffett has called the investment a mistake.
- The potential exit precedes Kraft Heinz’s plan to split into two public companies in the second half of 2026, a restructuring Berkshire leaders have opposed.