Form 4: Mondelez International EVP Luca Zaramella Reports Changes in Beneficial Ownership

Luca Zaramella, EVP & Chief Financial Officer of Mondelez International, reports changes in beneficial ownership of Class A Common Stock due to vesting of performance share units and tax withholding.

Summary

• Luca Zaramella, EVP & Chief Financial Officer of Mondelez International, filed a Form 4 on February 14, 2025, reporting changes in beneficial ownership of Mondelez International, Inc. [MDLZ] Class A Common Stock.
• On February 12, 2025, Zaramella acquired 58,941 shares of Class A Common Stock upon vesting of performance share units granted under the Issuer's Amended and Restated 2005 Performance Incentive Plan at $0.
• On the same day, 23,677 shares were disposed of at $60.6 for tax withholding.
• Following these transactions, Zaramella directly owns 345,960 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation. The vesting of shares is a positive sign, but the tax withholding is a neutral event.

Positives

• The vesting of performance share units indicates that performance targets were met, which is a positive signal.

Negatives

• The disposal of shares for tax withholding, while standard, reduces the executive's holdings.

Industry Context

Executive stock transactions are common and are closely watched by investors for insights into management's confidence in the company's future prospects. Vesting of performance shares suggests the company is meeting its goals.

Stakeholder Impact

• The vesting of performance share units aligns executive interests with shareholder value.

Key Dates