Form 4: Mondelez International Director McNamara Reports Stock Grant and Holdings

Director Brian James McNamara reports the acquisition of deferred stock units and holdings in Mondelez International, Inc.

Summary

• On May 22, 2024, Brian James McNamara, a director of Mondelez International, Inc. [MDLZ], reported a transaction involving the company's Class A Common Stock.
• McNamara acquired 2,849 deferred stock units under the Issuer's 2024 Performance Incentive Plan.
• These deferred stock units are 100% vested, but the shares will be received six months after McNamara's separation from service as a director.
• Following the reported transaction, McNamara beneficially owns 3,682 shares of Class A Common Stock, which includes 5 shares acquired through a dividend reinvestment program.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and insider confidence through stock ownership.

Positives

• The grant of deferred stock units aligns the director's interests with the long-term performance of Mondelez International.
• The director's participation in the dividend reinvestment program shows confidence in the company's future.

Future Outlook

The reporting person will receive the shares underlying the deferred stock units six months after separation from service as a director.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Directors commonly receive stock grants and options as part of their compensation packages, aligning their interests with shareholders.
• Deferred stock units are a typical form of equity compensation, vesting over time or upon achieving certain milestones.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's stake in the company.
• The stock grant aligns the director's interests with those of the shareholders.

Key Dates