Iyer Deepak D. 4
4 · Mondelez International, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Mondelez (MDLZ) EVP Deepak Iyer Receives Awards; 570 Shares Withheld
What Happened
- Deepak D. Iyer, Executive Vice President and President AMEA of Mondelez International (MDLZ), received awards/vested equity on 2026-02-11 totaling 115,106 shares (14,046 + 14,440 + 86,620) shown as acquisitions at $0.00.
- To cover tax withholding related to the vesting, 570 shares were disposed (withheld) at $61.47 each for a total withholding value of $35,038. The 86,620-share item is reported as a derivative award (see footnotes). These were equity grants/vests rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (appears timely).
- Awards/vests: 14,046 shares @ $0.00; 14,440 shares @ $0.00; 86,620 shares (derivative) @ $0.00.
- Tax withholding: 570 shares disposed @ $61.47 each, total $35,038.
- Shares owned after the transaction: not specified in the provided summary — see the SEC filing for exact post-transaction beneficial ownership.
- Footnotes: F1 indicates shares received upon vesting of performance share units (PSUs); F2 notes withholding of shares to satisfy tax obligations on PSU vesting; F3 describes deferred stock units (granted under the 2024 plan) that vest 33%/33%/34% on Feb 11 of 2027–2029; F4 describes a standard 3-year option vesting schedule.
- Transaction codes: A = award/grant (acquisition via vesting); F = tax withholding (disposition).
Context
- These transactions are routine compensation events (vests and deferred units) rather than open-market trades; the withholding of 570 shares is a common cashless/tax-withholding mechanism and not a discretionary sale signal.
- The 86,620 “derivative” units likely represent deferred or performance-contingent units that may vest or convert over time per the footnote schedule — check the full filing for any performance conditions or future vesting dates.
Insider Transaction Report
Form 4
Iyer Deepak D.
EVP and President AMEA
Transactions
- Award
Class A Common Stock
[F1]2026-02-11+14,046→ 41,877 total - Tax Payment
Class A Common Stock
[F2]2026-02-11$61.47/sh−570$35,038→ 41,307 total - Award
Class A Common Stock
[F3]2026-02-11+14,440→ 55,747 total - Award
Stock Options (right to buy)
[F4]2026-02-11+86,620→ 86,620 totalExercise: $61.47Exp: 2036-02-11→ Class A Common Stock (86,620 underlying)
Footnotes (4)
- [F1]Shares of common stock received upon vesting of performance share units granted under the Issuer's Amended and Restated 2005 Performance Incentive Plan.
- [F2]Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units under the Issuer's Amended and Restated 2005 Performance Incentive Plan.
- [F3]Deferred stock units granted under the Issuer's 2024 Performance Incentive Plan. Deferred stock units vest in three annual installments as follows: 33% on February 11, 2027; 33% on February 11, 2028, and 34% on February 11, 2029.
- [F4]Options vest in three annual installments as follows: 33% on February 11, 2027; 33% on February 11, 2028, and 34% on February 11, 2029.
Signature
/s/ Jamie E. East, by Power of Attorney,|2026-02-13