Form 4: Mondelez Executive Deepak Iyer Reports Routine Share Disposition for Tax Obligations

Mondelez International's EVP and President AMEA, Deepak D. Iyer, reported the disposition of 1,000 shares of Class A Common Stock at $68.96 per share to cover tax withholding obligations related to deferred share unit vesting.

Summary

• Deepak D. Iyer, Executive Vice President and President AMEA of Mondelez International, Inc. (MDLZ), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 1,000 shares of Class A Common Stock.
• The shares were disposed of at a price of $68.96 per share.
• This disposition was for the purpose of satisfying tax withholding obligations in connection with the vesting of deferred share units.
• Following this transaction, Iyer beneficially owns 27,831 shares of Class A Common Stock.
• A Power of Attorney was granted by Deepak D. Iyer to Jamie L. East and Laura Stein, effective April 1, 2025, to prepare and file SEC Forms 3, 4, and 5 on his behalf.

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary transaction by an insider to cover tax obligations related to vested equity, which is a neutral event with no significant positive or negative implications for the company's operations or financial health.

Positives

• The transaction is a non-discretionary disposition of shares to cover tax obligations, indicating the vesting of deferred share units, which is a positive event for the executive.

Negatives

• No direct negatives; the share disposition is a standard procedure for tax withholding on vested equity.

Future Outlook

NA

Industry Context

This Form 4 filing reflects a standard practice in executive compensation where vested equity awards trigger tax obligations, often satisfied by withholding a portion of the shares. This is common across publicly traded companies, particularly in the consumer staples sector where Mondelez operates, and does not indicate a discretionary sale or a change in the executive's confidence in the company.

Stakeholder Impact

• Shareholders: Minimal impact as the share disposition is a standard part of executive compensation for tax purposes, not a discretionary sale, and represents a very small fraction of outstanding shares.
• Employees: No direct impact beyond the executive involved.

Key Dates

Keywords

Mondelez International, MDLZ, Deepak D. Iyer, Insider Transaction, Form 4, Share Disposition, Tax Withholding, Deferred Share Units, Executive Compensation, Section 16