Form 4: Mondelez International Director Anindita Mukherjee Reports Acquisition of Deferred Stock Units

Director Anindita Mukherjee reports the acquisition of deferred stock units in Mondelez International under the 2024 Performance Incentive Plan.

Summary

• On May 22, 2024, Anindita Mukherjee, a director of Mondelez International, acquired 2,849 Class A Common Stock units.
• These units were granted as deferred stock units under the company's 2024 Performance Incentive Plan.
• The deferred stock units are fully vested, but the shares will be received six months after Mukherjee's separation from service as a director.
• Following the transaction, Mukherjee beneficially owns 6,602 shares of Class A Common Stock, which includes 97 shares acquired through a dividend reinvestment program.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard executive compensation practice, indicating alignment of interests between the director and shareholders. There are no overtly negative implications.

Positives

• The grant of deferred stock units aligns the director's interests with the long-term performance of Mondelez International.
• The dividend reinvestment program indicates a commitment to increasing share ownership.

Future Outlook

The reporting person will receive shares six months after separation from service as a director.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It reflects standard practices for aligning director incentives with shareholder value.

Comparison to Industry Standards

• Deferred stock units are a common form of executive compensation in publicly traded companies, including peers like Nestle, Hershey, and PepsiCo.
• These companies often use similar incentive plans to align executive interests with long-term shareholder value.
• The vesting and deferral terms are generally in line with industry practices, ensuring executives remain invested in the company's success.

Stakeholder Impact

• The grant of deferred stock units aligns the director's interests with those of shareholders, potentially driving long-term value creation.
• Employees may view this as a positive sign of leadership commitment.

Next Steps

• The reporting person will receive shares six months after separation from service as a director.

Key Dates