Mondelez (MDLZ) director receives 3,525 deferred stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mondelez International director Ertharin Cousin received an equity award of 3,525 Class A Common Stock deferred stock units. The award was granted under the company’s 2024 Performance Incentive Plan at no cash purchase price and is 100% vested.
Although vested, the shares will not be delivered until the six-month anniversary of Cousin’s separation from service as a director of Mondelez International. Following this grant, she directly holds a total of 17,167 shares of Class A Common Stock, including approximately 1,004 shares acquired through a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COUSIN ERTHARIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,525 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 17,167 shares (Direct, null)
Footnotes (1)
- Grant of deferred stock units under the Issuer's 2024 Performance Incentive Plan. The deferred stock units are 100% vested, but receipt of the shares is deferred until the six-month anniversary of the reporting person's separation from service as a director of Mondelez International. Total number of shares owned includes approximately 1,004 shares acquired through a dividend reinvestment program.
Key Figures
Deferred stock units granted: 3,525 shares
Grant price per share: $0.00 per share
Total shares after grant: 17,167 shares
+1 more
4 metrics
Deferred stock units granted
3,525 shares
Grant under 2024 Performance Incentive Plan on May 20, 2026
Grant price per share
$0.00 per share
Equity award with no cash purchase price
Total shares after grant
17,167 shares
Direct Class A Common Stock holdings following transaction
Dividend reinvestment shares
Approximately 1,004 shares
Portion of total holdings from dividend reinvestment program
Key Terms
deferred stock units, 2024 Performance Incentive Plan, dividend reinvestment program
3 terms
deferred stock units financial
"Grant of deferred stock units under the Issuer's 2024 Performance Incentive Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2024 Performance Incentive Plan financial
"Grant of deferred stock units under the Issuer's 2024 Performance Incentive Plan."
dividend reinvestment program financial
"includes approximately 1,004 shares acquired through a dividend reinvestment program."
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
FAQ
What insider transaction did Mondelez (MDLZ) report for director Ertharin Cousin?
Mondelez reported that director Ertharin Cousin received a grant of 3,525 deferred stock units of Class A Common Stock. This equity award was made under the company’s 2024 Performance Incentive Plan and did not involve an open-market share purchase or sale.
Under which plan were the new Mondelez (MDLZ) deferred stock units granted?
The 3,525 deferred stock units granted to director Ertharin Cousin were issued under Mondelez International’s 2024 Performance Incentive Plan. This plan provides for equity-based awards, and in this case, the units were granted at no cash price and are immediately 100% vested.