LOZANO MARIANO 4
Research Summary
AI-generated summary
Mondelez (MDLZ) EVP Mariano Lozano Receives Stock Awards; 4,558 Shares Withheld
What Happened
- Mariano Lozano, EVP and President, Latin America at Mondelez (MDLZ), received vested performance and deferred stock awards on 2026-02-11. The filing shows three award entries totaling 100,245 shares: 17,565 shares (award), 11,810 shares (award), and 70,870 derivative/ deferred stock units. No cash purchase was made (awards were granted at $0.00). To satisfy tax withholding, 4,558 shares were withheld/disposed at $61.47 each, totaling $280,180.
Key Details
- Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (timely — within 2 business days).
- Awards received: 17,565 + 11,810 + 70,870 = 100,245 shares (awards/derivative units; reported as acquisitions, code A).
- Shares withheld/taxed: 4,558 shares disposed at $61.47 per share for $280,180 (tax withholding; code F).
- Shares owned after transaction: Not specified in the excerpted details of the filing.
- Footnotes of note:
- F1: Common shares received upon vesting of performance share units under the 2005 Performance Incentive Plan.
- F2: Shares were withheld to satisfy tax withholding on the vesting of PSUs.
- F3: Deferred stock units under the 2024 Performance Incentive Plan; vest 33% on 2/11/2027, 33% on 2/11/2028, and 34% on 2/11/2029.
- F4: Describes an options vesting schedule (33%/33%/34% on the same annual dates) though no option exercise is reported here.
- Exhibit: 24.1 Power of Attorney included with the filing.
Context
- These transactions are routine compensation events: awards vesting (code A) and shares withheld to satisfy tax obligations (code F). The withheld shares are not an open-market sale by the insider but a tax-related disposition. Such vesting and withholding are common and do not, by themselves, indicate the insider’s view of the company’s stock.
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