Form 4: Mondelez International Director, Ertharin Cousin, Reports Changes in Beneficial Ownership

Director Ertharin Cousin reports acquisition of deferred stock units and changes in Class A Common Stock ownership in Mondelez International.

Summary

• Ertharin Cousin, a director of Mondelez International, reported changes in beneficial ownership on May 24, 2024.
• The report details the acquisition of 2,849 deferred stock units under the 2024 Performance Incentive Plan on May 22, 2024.
• These deferred stock units are fully vested, but the shares will be received six months after Cousin's separation from service as a director.
• The total number of shares owned includes 279 shares acquired through a dividend reinvestment program.
• Following the reported transactions, Cousin beneficially owns 9,909 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting changes in ownership. The acquisition of deferred stock units could be seen as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of deferred stock units indicates confidence in the company's future performance.
• Participation in the dividend reinvestment program shows a long-term investment perspective.

Future Outlook

The deferred stock units will be distributed six months after the reporting person's separation from service as a director of Mondelez International.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for directors and officers of publicly traded companies like Mondelez International, similar to filings made by insiders at companies like Nestle, PepsiCo, and Unilever.
• The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934, ensuring transparency in insider trading activities across the industry.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The acquisition of deferred stock units may signal confidence in the company's future performance, potentially impacting shareholder sentiment.

Key Dates