Form 4: Mondelez Executive Gustavo Carlos Valle Reports Stock Transactions

EVP and President, NA, Gustavo Carlos Valle, reports acquisition and disposal of Mondelez International, Inc. Class A Common Stock.

Summary

• Gustavo Carlos Valle, EVP and President, NA of Mondelez International, Inc., reported changes in beneficial ownership of Class A Common Stock on February 12, 2025.
• Valle acquired 30,950 shares of Class A Common Stock upon vesting of performance share units at a price of $0.
• Valle disposed of 11,940 shares of Class A Common Stock to cover tax obligations at a price of $60.6 per share.
• Following these transactions, Valle beneficially owns 63,470 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: Neutral sentiment. The transactions are part of normal executive compensation and tax planning. No significant positive or negative implications.

Positives

• The acquisition of shares through vesting of performance share units suggests confidence in the company's performance.

Negatives

• The disposal of shares to cover tax obligations, while common, slightly reduces Valle's holdings.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Comparison to Industry Standards

• Executive compensation packages often include performance-based equity awards, which vest over time and align management's interests with those of shareholders.
• The disposal of shares to cover tax obligations is a common practice among executives receiving equity compensation.
• Comparing Valle's holdings and transactions to those of other executives at Mondelez and peer companies (e.g., Nestle, PepsiCo, Unilever) can provide insights into relative ownership levels and compensation structures.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They provide transparency into executive compensation and ownership.

Key Dates