Zaramella Luca 4

What Happened
Luca Zaramella, EVP, COO and CFO of Mondelez International (MDLZ), received multiple equity awards on Feb 11, 2026 and had 23,527 shares withheld/disposed to satisfy tax obligations. Awards listed: 58,528 shares (vested performance shares), 37,920 shares (award), and 227,580 derivative shares (award/derivative). The 23,527 shares were disposed at $61.47 per share to cover tax withholding, generating proceeds/value of $1,446,205. All awards/transfers are reported at $0.00 acquisition price (typical for vested awards).

Key Details

• Transaction date: 2026-02-11 (Form 4 filed 2026-02-13 — timely).
• Disposition: 23,527 shares @ $61.47 = $1,446,205 (code F — tax withholding).
• Acquisitions/Awards: 58,528; 37,920; and 227,580 shares @ $0.00 (codes A and derivative entry). Total awarded/derivative shares reported = 324,028.
• Footnotes: F1 — shares from vesting of performance share units; F2 — shares withheld to satisfy tax withholding; F3 — deferred stock units with vesting in 2027–2029; F4 — options vesting in 2027–2029.
• Shares owned after transaction: not specified in the excerpt provided.
• Filing timeliness: filed within required window (not late).
• Exhibit: 24.1 Power of Attorney included.

Context
The disposed shares were withheld/surrendered to cover tax liabilities related to vesting (routine, coded F), not an open-market sale for investment reasons. The larger award/derivative entry reflects equity compensation (performance share units, deferred stock units, and/or options) with multi-year vesting schedules — these are common executive compensation items and do not by themselves indicate buy/sell sentiment.