Van de Put Dirk 4

What Happened Dirk Van de Put, CEO of Mondelez International (MDLZ), received multiple equity awards on Feb 11, 2026 and had shares withheld to satisfy tax obligations. The filing shows awards/issuances totaling 727,579 shares/units (158,019; 81,340; and 488,220 reported as a derivative award) issued at $0.00. Separately, 61,726 shares were withheld (disposed) at an implied value of $61.47 per share to cover taxes, totaling approximately $3,794,297.

Key Details

• Transaction date: February 11, 2026; filing date: February 13, 2026 (timely report).
• Awarded/Acquired (code A): 158,019 shares @ $0.00; 81,340 shares @ $0.00; 488,220 derivative units @ $0.00.
• Tax withholding (code F): 61,726 shares withheld/treated as disposed at $61.47 per share, value ≈ $3,794,297.
• Shares owned after transaction: not stated in the provided excerpt of the Form 4.
• Footnotes of note:
  • F1: Some shares reflect vesting of performance share units (PSUs) under the issuer’s 2005 Performance Incentive Plan.
  • F2: The 61,726-share disposition is a withholding to satisfy tax withholding obligations (sell-to-cover style).
  • F3/F4: The 488,220 derivative award refers to deferred stock units and/or option awards that vest in installments (33% on Feb 11, 2027; 33% on Feb 11, 2028; 34% on Feb 11, 2029).
• Filing includes Exhibit 24.1 Power of Attorney.

Context

• The withheld 61,726 shares were used to satisfy tax withholding on vested PSUs (a routine administrative step), not an open-market sale for investment purposes. The larger granted/derivative amounts are compensation awards or deferred/option-based units that vest over time, so they do not represent an immediate market purchase.