Director Nancy McKinstry (MDLZ) receives 3,525 deferred stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mondelez International director Nancy McKinstry received an equity award rather than buying shares on the market. She was granted 3,525 shares of Class A common stock as deferred stock units under the company’s 2024 Performance Incentive Plan at no cash cost. These units are fully vested, but the actual shares will only be delivered six months after she leaves the board. Following this grant, she directly holds 6,634 shares of Mondelez International stock, which includes about 100 shares acquired through a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McKinstry Nancy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,525 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 6,634 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 100 shares acquired through a dividend reinvestment program.
Key Figures
Director equity grant: 3,525 shares
Award price: $0.00 per share
Total holdings after grant: 6,634 shares
+1 more
4 metrics
Director equity grant
3,525 shares
Deferred stock unit grant under 2024 Performance Incentive Plan
Award price
$0.00 per share
Grant/award acquisition with no cash paid
Total holdings after grant
6,634 shares
Direct ownership following the May 20, 2026 award
Dividend reinvestment shares
≈100 shares
Included within total holdings via dividend reinvestment program
Key Terms
deferred stock units, 2024 Performance Incentive Plan, dividend reinvestment program, separation from service
4 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 100 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.
separation from service financial
"deferred until the six-month anniversary of the reporting person's separation from service as a director"
FAQ
What did Mondelez (MDLZ) director Nancy McKinstry report in this Form 4?
Nancy McKinstry reported receiving 3,525 Mondelez Class A common shares as a deferred stock unit award. The grant is part of the 2024 Performance Incentive Plan and represents compensation, not an open-market purchase, so she paid no cash for these shares.
Is Nancy McKinstry buying or selling Mondelez (MDLZ) stock in this filing?
She is not buying or selling on the open market; she received shares as a grant. The 3,525 shares were awarded as deferred stock units under a company plan, reflecting director compensation rather than an active trading decision in Mondelez shares.
What plan governs Nancy McKinstry’s new Mondelez (MDLZ) stock award?
Her award was granted under Mondelez International’s 2024 Performance Incentive Plan. The filing describes it as a grant of deferred stock units for a director, fully vested upon grant but with delivery of actual shares deferred until after she leaves the board.
Does Nancy McKinstry’s Mondelez (MDLZ) Form 4 mention dividend reinvestment?
Yes. The filing notes that her total 6,634 Mondelez shares include about 100 shares acquired through a dividend reinvestment program. This indicates a portion of her holdings accumulated automatically as dividends were reinvested into additional company shares.