Form 4: Mondelez Director Jane Nielsen Reports Acquisition of Deferred Stock Units
SEC Form 4
Director Jane Nielsen reports the acquisition of deferred stock units in Mondelez International, Inc. under the company's 2024 Performance Incentive Plan.
Summary
- On May 21, 2025, Jane Nielsen, a director of Mondelez International, Inc., reported the acquisition of 3,009 Class A Common Stock deferred stock units.
- These units were granted under the Issuer's 2024 Performance Incentive Plan.
- The deferred stock units are 100% vested, but the shares will be received six months after Nielsen's separation from service as a director.
- Following the reported transaction, Nielsen beneficially owns 15,262 shares of Class A Common Stock, which includes 777 shares acquired through a dividend reinvestment program.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The acquisition of deferred stock units is a standard part of executive compensation and indicates alignment with company goals. The dividend reinvestment also suggests confidence in the company's performance.
Positives
- The grant of deferred stock units aligns the director's interests with the long-term performance of the company.
- Participation in the dividend reinvestment program indicates confidence in the company's future.
Future Outlook
Receipt of the shares from the deferred stock units is deferred until six months after Jane Nielsen's separation from service as a director of Mondelez International.
Industry Context
Executive compensation through stock grants and deferred stock units is a common practice in publicly traded companies to align management's interests with those of shareholders.
Comparison to Industry Standards
- Stock grants and deferred stock units are common compensation tools used by companies like Mondelez, Nestle, PepsiCo, and Unilever to incentivize and retain key personnel.
- These companies often use similar performance-based vesting schedules to align executive compensation with company performance.
- Dividend reinvestment programs are also standard offerings, allowing shareholders, including directors, to increase their stake in the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.
- There is no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| April 1, 2025 | Effective date of the Power of Attorney, revoking all prior Powers of Attorney related to Section 16 reporting. |
| April 17, 2025 | Date of execution of the Power of Attorney. |
| May 21, 2025 | Date of the transaction involving the acquisition of deferred stock units. |
| May 22, 2025 | Date of signature by Power of Attorney. |
Keywords
Form 4, Mondelez International, Director, Jane Nielsen, Deferred Stock Units, Beneficial Ownership, MDLZ, Performance Incentive Plan, Dividend Reinvestment Program
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