Form 4: Mondelez International Director Ertharin Cousin Reports Stock Grant and Disposal
SEC Form 4 Filing
Director Ertharin Cousin reports the grant of deferred stock units and disposal of shares in Mondelez International, Inc.
Summary
- Ertharin Cousin, a director of Mondelez International, Inc., filed a Form 4 on May 22, 2025, reporting a transaction that occurred on May 21, 2025.
- The transaction involved the acquisition of 3,009 shares of Class A Common Stock through a grant of deferred stock units under the Issuer's 2024 Performance Incentive Plan.
- The deferred stock units are 100% vested, but receipt of the shares is deferred until the six-month anniversary of the reporting person's separation from service as a director of Mondelez International.
- Cousin also reported the disposal of 3,009 shares of Class A Common Stock.
- Following the reported transactions, Cousin beneficially owns 13,204 shares of Mondelez International, Inc.
- This total includes 566 shares acquired through a dividend reinvestment program.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions themselves don't necessarily indicate positive or negative sentiment. It's a neutral reporting of facts.
Positives
- The grant of deferred stock units aligns the director's interests with the long-term performance of the company.
Future Outlook
The receipt of the shares from the deferred stock units is contingent upon the six-month anniversary of the reporting person's separation from service as a director.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| April 1, 2025 | Effective date of the Power of Attorney. |
| April 14, 2025 | Date of execution of the Power of Attorney. |
| May 21, 2025 | Date of the reported transaction (stock grant and disposal). |
| May 22, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Mondelez International, Director, Ertharin Cousin, Deferred Stock Units, Beneficial Ownership, MDLZ, Stock Grant, Stock Disposal, Dividend Reinvestment
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.