Form 4: Stevens Brian reports acquisition/exercise transactions in MDLZ
Rhea-AI Filing Summary
Stevens Brian reported acquisition or exercise transactions in a Form 4 filing for MDLZ. The filing lists transactions totaling 13,790 shares. Following the reported transactions, holdings were 11,820 shares.
Positive
- None.
Negative
- None.
Insights
Routine multi-year equity grant to Mondelez SVP, not open-market trading.
The filing shows Brian Stevens, an officer of Mondelez International, receiving equity as part of compensation rather than buying shares on the market. He was awarded 1,970 deferred stock units and options on 11,820 shares at a conversion price of $61.47.
Both the stock units and options vest over three years, with 33% vesting on February 11, 2027, 33% on February 11, 2028, and 34% on February 11, 2029. This structure is typical of long-term incentive plans designed to retain executives and align them with shareholders over time.
The transactions are coded as acquisitions under a performance incentive plan, with no sale of shares reported. Actual future impact on ownership and dilution will depend on continued service and whether the options are ultimately exercised after vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 11,820 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 1,970 | $0.00 | -- |
Footnotes (1)
- Deferred stock units granted under the Issuer's 2024 Performance Incentive Plan. Deferred stock units vest in three annual installments as follows: 33% on February 11, 2027; 33% on February 11, 2028, and 34% on February 11, 2029. Options vest in three annual installments as follows: 33% on February 11, 2027; 33% on February 11, 2028, and 34% on February 11, 2029.