Form 4: Mondelez Executive Stephanie Lilak Reports Acquisition of Deferred Stock Units

Sentiment:

SEC Form 4


EVP and Chief People Officer of Mondelez, Stephanie Lilak, reports the acquisition of 15,770 deferred stock units.

Summary

  • Stephanie Lilak, EVP and Chief People Officer of Mondelez International, reported a transaction on April 1, 2024.
  • She acquired 15,770 shares of Class A Common Stock at a price of $0.00.
  • These shares are deferred stock units awarded under the company's Amended and Restated 2005 Performance Incentive Plan.
  • The shares will vest in two installments: 50% on April 1, 2025, and 50% on April 1, 2026.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing. The acquisition of stock units by an executive is generally viewed as a slightly positive sign, but it's a routine occurrence.

Positives

  • The acquisition of stock units by a top executive could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The deferred stock units will vest in two installments on April 1, 2025 and April 1, 2026.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

  • The acquisition of stock units by an executive can have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
04/01/2024Date of transaction: Acquisition of deferred stock units.
04/01/202550% of the deferred stock units vest.
04/01/2026Remaining 50% of the deferred stock units vest.
04/04/2024Date of filing.

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