Mondelez director granted 3,525 deferred stock units
TODMAN MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
TODMAN MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Mondelez International director Michael Todman received an equity award rather than buying shares on the market. He was granted 3,525 deferred stock units of Class A common stock under the company’s 2024 Performance Incentive Plan at no cash cost per share.
The units are fully vested, but Mondelez will not deliver the underlying shares until six months after Todman leaves the board. Following this award, he beneficially owns 23,406 shares, including about 1,864 shares accumulated through a dividend reinvestment program.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,525 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Total number of shares owned includes approximately 1,864 shares acquired through a dividend reinvestment program.
Key Figures
Key Terms
deferred stock units financial
2024 Performance Incentive Plan financial
100% vested financial
dividend reinvestment program financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mondelez (MDLZ) director Michael Todman report on this Form 4?
Is Michael Todman’s Mondelez (MDLZ) transaction a market buy or a compensation grant?
What plan governed Michael Todman’s deferred stock unit award from Mondelez (MDLZ)?
AI-generated analysis. How Rhea-AI works. Not financial advice.