Form 4: Mondelez International Executive Mariano Lozano Reports Stock Option Grant

EVP and President, LA, Mariano Lozano, reports the acquisition of stock options in Mondelez International, Inc.

Summary

• On February 27, 2024, Mariano Lozano, EVP and President, LA of Mondelez International, Inc., was granted stock options.
• The stock options provide the right to buy 32,480 shares of Class A Common Stock at an exercise price of $73.13.
• The options vest in three annual installments: 33% on February 27, 2025; 33% on February 27, 2026; and 34% on February 27, 2027.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard executive compensation practice. It's neither particularly positive nor negative from an investment perspective.

Positives

• The grant of stock options aligns the executive's interests with those of the shareholders, incentivizing performance and long-term value creation.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Stock option grants are a common form of executive compensation in publicly traded companies like Mondelez International to incentivize performance and align management's interests with those of shareholders. This filing is a routine disclosure required by the SEC.

Comparison to Industry Standards

• Stock option grants are a standard component of executive compensation packages in the consumer packaged goods (CPG) industry.
• Companies like Nestle, PepsiCo, and Unilever also utilize stock options as part of their executive compensation plans.
• The vesting schedule and exercise price are typical for such grants, designed to incentivize long-term performance.

Stakeholder Impact

• The stock option grant could potentially impact shareholders by diluting equity if the options are exercised.
• It incentivizes the executive to improve company performance, which could benefit all stakeholders.

Key Dates