Form 4: Mondelez CEO Dirk Van de Put Acquires 348,500 Stock Options
SEC Form 4
Mondelez International CEO Dirk Van de Put reports the acquisition of 348,500 stock options on March 17, 2025, according to a Form 4 filing with the SEC.
Summary
- Dirk Van de Put, CEO of Mondelez International, filed a Form 4 with the SEC.
- The filing reports the acquisition of 348,500 stock options on March 17, 2025.
- The exercise price of these options is $65.09.
- The options vest in three annual installments: 33% on March 17, 2026, 33% on March 17, 2027, and 34% on March 17, 2028.
- The options expire on March 17, 2035.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, and does not contain information that would significantly impact sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It reflects part of the executive's incentive package.
Comparison to Industry Standards
- Stock option grants are a common component of executive compensation packages in publicly traded companies, including those in the food and beverage industry.
- Companies like Nestle, PepsiCo, and Unilever also utilize stock options as part of their executive compensation plans.
- The vesting schedules and exercise prices are generally structured to align executive interests with long-term shareholder value.
Stakeholder Impact
- The acquisition of stock options by the CEO aligns his interests with those of shareholders, incentivizing him to increase the company's value.
- Employees may view this as a positive sign of confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of earliest transaction: Acquisition of 348,500 stock options. |
| 03/17/2026 | First vesting date: 33% of options vest. |
| 03/17/2027 | Second vesting date: 33% of options vest. |
| 03/17/2028 | Third vesting date: 34% of options vest. |
| 03/17/2035 | Expiration date of the stock options. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Mondelez International, Dirk Van de Put, Stock Options, SEC Filing, MDLZ
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