Lilak Stephanie 4
Research Summary
AI-generated summary
Mondelez EVP Stephanie Lilak Receives Awards; Withholds Shares
What Happened
Stephanie Lilak, EVP and Chief People Officer of Mondelez International (MDLZ), was issued awards on Feb 11, 2026 comprising 4,397 shares, 10,370 shares and 62,210 derivative units (total 76,977). To satisfy tax withholding related to vesting, 1,374 shares were withheld/disposed at $61.47 per share, generating proceeds of $84,460. The awarded/derivative shares were reported at $0 acquisition price (typical for grants/vests).
Key Details
- Transaction date: 2026-02-11. Form filed: 2026-02-13 (appears timely).
- Grants/awards reported (price $0): 4,397 shares; 10,370 shares; 62,210 derivative units (total 76,977).
- Tax withholding/disposition (code F): 1,374 shares sold/withheld at $61.47 = $84,460.
- Footnotes in the filing:
- F1: Shares received upon vesting of performance share units (PSUs).
- F2: Shares withheld to satisfy tax withholding on PSU vesting.
- F3: Deferred stock units that vest in installments (33% 2/11/2027; 33% 2/11/2028; 34% 2/11/2029).
- F4: Options that vest in installments (33% 2/11/2027; 33% 2/11/2028; 34% 2/11/2029).
- Shares owned after the transactions: not specified in the filing.
- Exhibit included: 24.1 Power of Attorney.
Context
These filings reflect equity awards and vesting (including performance- and deferred-based units) and a routine withholding of shares to cover taxes — not an open-market purchase or a voluntary sale for investment purposes. Deferred stock units and options noted in the footnotes vest over future anniversaries (2027–2029). For retail investors, awards/vests are typical executive compensation events; the withholding is a standard cashless tax payment and not necessarily a signal about the insider’s view of the company.