Form 4: Mondelez Executive Gustavo Carlos Valle Reports Stock Transactions
SEC Form 4
EVP and President, NA of Mondelez International, Gustavo Carlos Valle, reports acquisition and disposal of Class A Common Stock and stock options.
Summary
- Gustavo Carlos Valle, EVP and President, NA of Mondelez International, reported transactions involving Mondelez Class A Common Stock on February 27, 2024.
- Valle acquired 42,760 shares of Class A Common Stock upon vesting of performance share units.
- He also disposed of 17,785 shares to cover tax obligations at a price of $73.13 per share.
- Following these transactions, Valle directly owns 44,460 shares of Class A Common Stock.
- Additionally, Valle holds options to buy 51,280 shares of Class A Common Stock at an exercise price of $73.13, vesting in three annual installments starting February 27, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, so it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Future Outlook
The document does not contain specific forward-looking statements regarding the company's future performance, but it does detail the vesting schedule for stock options granted to the reporting person.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock transactions (acquisition and disposal) and grant date of stock options. |
| 02/27/2025 | First vesting date (33%) for stock options. |
| 02/27/2026 | Second vesting date (33%) for stock options. |
| 02/27/2027 | Third vesting date (34%) for stock options. |
| 02/27/2034 | Expiration date for stock options. |
| 02/29/2024 | Date of signature for the report. |
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