Form 4: Mondelez EVP Lozano Reports Equity Awards

Mondelez International's EVP and President, LA, Mariano Lozano, reported the acquisition of common stock and stock options, alongside a tax-related disposition, stemming from equity awards.

Summary

• Mariano Lozano, EVP and President, LA, of Mondelez International, Inc. (MDLZ), reported several equity transactions on February 11, 2026.
• Acquired 17,565 shares of Class A Common Stock upon the vesting of performance share units, with a transaction price of $0.
• Disposed of 4,558 shares of Class A Common Stock at $61.47 per share to cover tax withholding obligations related to the performance share unit vesting.
• Acquired 11,810 deferred stock units, with a transaction price of $0, which will vest in three annual installments: 33% on February 11, 2027, 33% on February 11, 2028, and 34% on February 11, 2029.
• Acquired 70,870 stock options with an exercise price of $61.47 and a transaction price of $0, also vesting in three annual installments: 33% on February 11, 2027, 33% on February 11, 2028, and 34% on February 11, 2029.
• Following these transactions, Lozano beneficially owns 38,094 shares of Class A Common Stock and 70,870 stock options.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting ongoing executive compensation and retention efforts, which are generally favorable for management stability and alignment with shareholder interests.

Positives

• Mariano Lozano received a significant grant of 17,565 shares of common stock from vested performance share units, indicating achievement of performance targets.
• An additional 11,810 deferred stock units and 70,870 stock options were granted, aligning executive incentives with long-term company performance.

Negatives

• A disposition of 4,558 shares of common stock occurred to satisfy tax withholding obligations, reducing the immediate beneficial ownership of shares.

Industry Context

StockSavvy.ai notes that executive equity awards, such as performance share units and stock options, are standard practice in the consumer staples industry to incentivize long-term performance and align management interests with shareholder value. The vesting schedule over several years is typical for retaining key executives.

Comparison to Industry Standards

• Executive compensation structures involving performance-based equity awards are common across major consumer goods companies like PepsiCo, Coca-Cola, and Nestlé.
• The multi-year vesting schedule for both deferred stock units and stock options is consistent with industry best practices aimed at executive retention and long-term value creation, similar to programs seen at peer companies.

Corporate Governance

Stakeholder Impact

• Shareholders: Executive equity awards align management incentives with shareholder value creation over the long term.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

• Vesting of deferred stock units: 33% on February 11, 2027; 33% on February 11, 2028; 34% on February 11, 2029.
• Vesting of stock options: 33% on February 11, 2027; 33% on February 11, 2028; 34% on February 11, 2029.

Key Dates

Recommendation

This Form 4 details routine executive compensation awards and a tax-related disposition, which are standard operational events for a publicly traded company. It does not provide new information that would significantly alter the investment thesis for Mondelez International, hence a 'hold' recommendation is appropriate.

Keywords

Mondelez, MDLZ, Insider Trading, Form 4, Equity Awards, Stock Options, Performance Share Units, Deferred Stock Units, Executive Compensation