Form 4: Mondelez Executive Stephanie Lilak Acquires Stock Options
SEC Form 4
EVP and Chief People Officer of Mondelez International, Stephanie Lilak, reports the acquisition of stock options.
Summary
- Stephanie Lilak, EVP and Chief People Officer of Mondelez International, acquired 32,770 stock options on March 17, 2025.
- The options have an exercise price of $65.09.
- The options vest in three annual installments: 33% on March 17, 2026, 33% on March 17, 2027, and 34% on March 17, 2028.
- The options expire on March 17, 2035.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, simply reporting a transaction.
Industry Context
Executive stock option grants are a common practice in publicly traded companies like Mondelez to incentivize performance and align executive interests with shareholder value.
Comparison to Industry Standards
- Stock option grants are a standard component of executive compensation packages in the consumer packaged goods (CPG) industry.
- Companies like Nestle, PepsiCo, and Unilever also utilize stock options as part of their executive compensation plans.
- The vesting schedule and exercise price are typical for such grants, designed to incentivize long-term performance.
Stakeholder Impact
- The stock option grant aligns the executive's interests with those of the shareholders, incentivizing her to increase the company's value.
- The grant has no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of earliest transaction: Stock options acquired |
| 03/17/2026 | First vesting date: 33% of options vest |
| 03/17/2027 | Second vesting date: 33% of options vest |
| 03/17/2028 | Third vesting date: 34% of options vest |
| 03/17/2035 | Expiration date of the stock options |
| 03/19/2025 | Date of signature |
Keywords
stock options, Form 4, executive compensation, Mondelez, MDLZ, Stephanie Lilak
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