Valle Gustavo Carlos 4
4 · Mondelez International, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Mondelez (MDLZ) EVP Gustavo Valle Receives Awards, Sells Shares
What Happened
Gustavo Carlos Valle, EVP and President, North America at Mondelez (MDLZ), had performance- and deferred-equity awards vest on Feb 11, 2026 and sold a small block of shares. He received 26,928 vested performance share units (PSUs) and 22,310 deferred stock units (DSUs) (both valued at $0 in the filing because they are awards). To satisfy tax withholding on the PSU vesting, 10,112 shares were withheld (disposed) at $61.47 each for approximately $621,585. On Feb 13, 2026 he sold 3,000 shares in the open market at $62.00 for $186,000. In addition, he was granted 133,870 derivative awards (options/awards) that vest over three years.
Key Details
- Transaction dates: awards and tax withholding on 2026-02-11; open-market sale on 2026-02-13; filing date 2026-02-13.
- Grants/awards: 26,928 PSUs (A), 22,310 DSUs (A), and 133,870 derivative award (A, derivative).
- Dispositions: 10,112 shares withheld for taxes at $61.47 each (~$621,585) (F); 3,000 shares sold open market at $62.00 ($186,000) (S).
- Vesting schedules noted: DSUs and the derivative awards/options vest 33% on Feb 11, 2027; 33% on Feb 11, 2028; 34% on Feb 11, 2029.
- Footnotes: F1 = PSU vesting; F2 = shares withheld to cover tax withholding; F3 = deferred stock units with multi-year vesting; F4 = options vesting schedule.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Filing timeliness: filed same day as the Feb 13 sale and two days after the Feb 11 vesting—appears timely for Form 4 rules.
Context
This report mainly reflects routine equity compensation activity: vesting of PSUs/DSUs and withholding of shares to cover taxes (common and not necessarily a market signal). The small open-market sale (3,000 shares for $186K) is a separate disposal and not shown as a cashless exercise of options. The large 133,870-share derivative grant will vest over the next three years per the schedule in the footnotes.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-11+26,928→ 90,398 total - Tax Payment
Class A Common Stock
[F2]2026-02-11$61.47/sh−10,112$621,585→ 80,286 total - Award
Class A Common Stock
[F3]2026-02-11+22,310→ 102,596 total - Sale
Class A Common Stock
2026-02-13$62.00/sh−3,000$186,000→ 99,596 total - Award
Stock Options (right to buy)
[F4]2026-02-11+133,870→ 133,870 totalExercise: $61.47Exp: 2036-02-11→ Class A Common Stock (133,870 underlying)
Footnotes (4)
- [F1]Shares of common stock received upon vesting of performance share units granted under the Issuer's Amended and Restated 2005 Performance Incentive Plan.
- [F2]Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units under the Issuer's Amended and Restated 2005 Performance Incentive Plan.
- [F3]Deferred stock units granted under the Issuer's 2024 Performance Incentive Plan. Deferred stock units vest in three annual installments as follows: 33% on February 11, 2027; 33% on February 11, 2028, and 34% on February 11, 2029.
- [F4]Options vest in three annual installments as follows: 33% on February 11, 2027; 33% on February 11, 2028, and 34% on February 11, 2029.