Form 4: Mondelez International Director 't Hart Cees Reports Changes in Beneficial Ownership
SEC Form 4
Director 't Hart Cees reports acquisition of deferred stock units and changes in Class A Common Stock ownership in Mondelez International.
Summary
- On May 22, 2024, 't Hart Cees, a director of Mondelez International, reported changes in beneficial ownership.
- The transactions involved Class A Common Stock.
- A grant of 2,849 deferred stock units was acquired under the Issuer's 2024 Performance Incentive Plan.
- These deferred stock units are fully vested, but the shares will be received six months after separation from service as a director.
- The total number of shares owned includes 45 shares acquired through a dividend reinvestment program.
- Following the reported transactions, the director beneficially owns 5,252 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports routine transactions. The acquisition of deferred stock units could be seen as a slightly positive sign.
Positives
- The acquisition of deferred stock units indicates confidence in the company's future performance.
Future Outlook
The deferred stock units will be received six months after the director's separation from service.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: acquisition of deferred stock units and changes in Class A Common Stock ownership. |
| 05/24/2024 | Date of signature for the report. |
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