Mondelez (NASDAQ: MDLZ) director gets 3,525 deferred stock units as board award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McNamara Brian James reported acquisition or exercise transactions in this Form 4 filing.
Mondelez International director Brian James McNamara received an equity award in the form of deferred stock units. He was granted 3,525 shares of Class A common stock at no purchase price under the company’s 2024 Performance Incentive Plan. These units are fully vested, but delivery of the underlying shares is deferred until six months after he leaves the board. Following this award, he directly holds 10,548 shares, which includes about 337 shares accumulated through a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McNamara Brian James
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,525 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 10,548 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 337 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 transaction: 10,548 shares
+1 more
4 metrics
Deferred stock units granted
3,525 shares
Award of Class A Common Stock units on May 20, 2026
Grant price per share
$0.00 per share
Compensation grant, not an open-market purchase
Total shares after transaction
10,548 shares
Direct holdings following the award
Dividend reinvestment shares
Approximately 337 shares
Portion of total holding 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
"Total number of shares owned includes approximately 337 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
"receipt of the shares is deferred until the six-month anniversary of the reporting person's separation from service as a director"
FAQ
What did MDLZ director Brian McNamara acquire in this Form 4 filing?
Brian McNamara received 3,525 deferred stock units of Mondelez Class A common stock as an equity award. The grant was made under the 2024 Performance Incentive Plan and did not involve any cash purchase price, reflecting compensation rather than an open-market transaction.
Are Brian McNamara’s new MDLZ deferred stock units vested?
The 3,525 deferred stock units reported for Brian McNamara are 100% vested at grant. However, he will not receive the underlying Mondelez shares until six months after he separates from service as a director, according to the plan’s deferral terms described in the filing.
Was Brian McNamara’s MDLZ Form 4 transaction an open-market buy or a compensation grant?
The Form 4 reports a compensation grant, not an open-market purchase. McNamara received 3,525 deferred stock units at a price of $0.00 per share under the Mondelez 2024 Performance Incentive Plan, classified as a grant or award acquisition in the filing.