Form 4: Mondelez Executive Stephanie Lilak Acquires Stock Options

Sentiment:

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

DateDescription
03/17/2025Date of earliest transaction: Stock options acquired
03/17/2026First vesting date: 33% of options vest
03/17/2027Second vesting date: 33% of options vest
03/17/2028Third vesting date: 34% of options vest
03/17/2035Expiration date of the stock options
03/19/2025Date of signature

Keywords

stock options, Form 4, executive compensation, Mondelez, MDLZ, Stephanie Lilak

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