Kuhn Volker 4

What Happened

• Kuhn Volker, EVP and President, Europe at Mondelez International (MDLZ), was granted equity awards on February 11, 2026. The filing reports two awards: 20,780 deferred stock units (DSUs) and 124,680 derivative equity awards (reported as a grant at $0.00). These were grants/awards—not open-market purchases or sales—and no cash changed hands at grant.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely filing).
• Awards granted: 20,780 deferred stock units (DSUs) and 124,680 derivative awards; total units granted = 145,460. Reported acquisition price = $0.00 (standard for grants).
• Vesting: DSUs vest in three annual installments — 33% on 2/11/2027, 33% on 2/11/2028, and 34% on 2/11/2029 (Footnote F1). The derivative awards/options vest on the same 33%/33%/34 schedule (Footnote F2).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Other filing info: Exhibit 24.1 (Power of Attorney) included.

Context

• These entries are grants (awards) rather than purchases or exercises — they do not represent an immediate cash investment or sale. For the derivative awards (options), the filing indicates a standard multi-year vesting schedule; there is no sign of an immediate exercise or sale. Grants like DSUs and option awards are typically part of long-term compensation and will only convert to tradable shares (or be exercisable) as they vest.