Form 4: Director Ertharin Cousin Receives Mondelez Stock Grant

Mondelez International director Ertharin Cousin was granted 3,525 deferred stock units as part of the company's 2024 Performance Incentive Plan.

Summary

• Director Ertharin Cousin acquired 3,525 deferred stock units of Mondelez International (MDLZ) on May 20, 2026.
• The grant was issued under the Issuer's 2024 Performance Incentive Plan.
• The units are 100% vested, with share delivery deferred until six months after the director's separation from service.
• Following this transaction, the director's total beneficial ownership is 17,167 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations.

Positives

• Director compensation aligns with long-term shareholder interests through equity-based incentives.
• The grant reflects ongoing commitment to the company's performance incentive structure.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The shares are deferred until six months after the director's separation from service, indicating a long-term holding horizon.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices in the consumer staples sector to ensure alignment between leadership and shareholders.

Comparison to Industry Standards

• The use of deferred stock units is consistent with compensation practices at major consumer goods companies like PepsiCo and General Mills.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• No further actions required by the reporting person.

Key Dates

Keywords

Mondelez, MDLZ, Form 4, Insider Trading, Director Compensation, Equity Grant