Form 4: Mondelez Director Patrick Siewert Receives Deferred Stock Units

Director Patrick Siewert of Mondelez International received deferred stock units under the company's 2024 Performance Incentive Plan.

Summary

• Patrick Siewert, a director of Mondelez International, received 3,009 Class A Common Stock units on May 21, 2025, as part of the company's 2024 Performance Incentive Plan.
• These are deferred stock units, 100% vested, with share receipt deferred until six months after Siewert's separation from service as a director.
• Following the transaction, Siewert beneficially owns 57,343 shares of Mondelez International, including 8,302 shares acquired through a dividend reinvestment program.
• Siewert has granted a Power of Attorney to Jamie L. East and Laura Stein to handle SEC filings related to his holdings and transactions in Mondelez securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects standard executive compensation practices and insider ownership, which can be seen as a positive sign of alignment with company performance.

Positives

• The grant of deferred stock units aligns the director's interests with the long-term performance of the company.
• Siewert's significant shareholding demonstrates a strong commitment to Mondelez International.

Future Outlook

The reporting person will receive shares six months after separation from service as a director.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Mondelez International.

Comparison to Industry Standards

• Deferred stock units are a common form of executive compensation in large, publicly traded companies.
• Companies like Nestle, PepsiCo, and Unilever also utilize similar equity-based compensation plans for their directors and executives.
• The vesting and distribution terms (100% vested, distribution six months post-service) are fairly standard within the industry.

Stakeholder Impact

• The grant of deferred stock units aligns the director's interests with those of shareholders.
• The disclosure provides transparency to shareholders regarding executive compensation.

Next Steps

• Siewert will receive the shares underlying the deferred stock units six months after leaving the board of directors.
• Jamie L. East and Laura Stein, as attorneys-in-fact, will continue to file necessary SEC forms related to Siewert's transactions in Mondelez securities.

Key Dates

Keywords

Mondelez International, Director, Patrick Siewert, Deferred Stock Units, SEC Form 4, Beneficial Ownership, Power of Attorney, MDLZ, Equity Securities, Dividend Reinvestment