Form 4: Mondelez International Director Cees 't Hart Receives Deferred Stock Units
SEC Form 4 Filing
Director Cees 't Hart received 3,009 deferred stock units from Mondelez International on May 21, 2025, according to a Form 4 filing.
Summary
- On May 21, 2025, Cees 't Hart, a director of Mondelez International, received 3,009 Class A Common Stock deferred stock units.
- These units were granted under the company's 2024 Performance Incentive Plan.
- The deferred stock units are fully vested, but the shares will be received six months after 't Hart's separation from service as a director.
- Following the transaction, 't Hart beneficially owns 8,413 shares of Class A Common Stock, which includes 197 shares acquired through a dividend reinvestment program.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The filing indicates standard compensation practices and insider alignment with company performance.
Positives
- The grant of deferred stock units aligns the director's interests with the long-term performance of the company.
- The dividend reinvestment program allows for increased ownership over time.
Future Outlook
Receipt of the deferred stock units is deferred until six months after the reporting person's separation from service as a director of Mondelez International.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their alignment with shareholder interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
- The deferred stock units align the director's interests with the long-term performance of the company, potentially benefiting shareholders.
Key Dates
| Date | Description |
|---|---|
| April 1, 2025 | Effective date of the Power of Attorney. |
| May 21, 2025 | Date of the transaction: Grant of deferred stock units. |
| May 22, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Mondelez International, Director, Cees 't Hart, Deferred Stock Units, Beneficial Ownership, MDLZ, Performance Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.