Just sold 500,000 of the 600,000 shares he held.http://www.insider-alerts.com/Data/20120727/0001209191-12-039394.xml
It's not important where he has been. It is important where he is going w/ the money. China is now eating more pork and beef. "Do you need ketchup on that?"
Yes. You need ketchup on everything. Haven't you ever seen the kid's T-shirt that says "I put ketchup on my ketchup"?
That probably makes sense. Heinz is no longer a value play as it was when he bought in. Time to move his money to other opportunities with greater potential for rapid improvement.