TODMAN MICHAEL 4

What Happened

• Michael Todman, a director of Mondelez International (MDLZ), was granted 3,525 deferred stock units on 2026-05-20. The units were reported at $0.00 per share (total reported value $0).
• The award was made under the Issuer's 2024 Performance Incentive Plan. The deferred stock units are 100% vested, but actual receipt of shares is deferred until the six-month anniversary of Todman’s separation from service as a director.

Key Details

• Transaction date: 2026-05-20; filing date: 2026-05-21 (filed the next day).
• Shares/units granted: 3,525 deferred stock units; reported price: $0.00; reported total value: $0.
• Vesting/settlement: 100% vested now, but settlement (conversion to shares) is deferred until six months after separation from service.
• Holdings note: filing footnote states total shares owned includes approximately 1,864 shares acquired via a dividend reinvestment program.
• Filing timeliness: appears timely (filed one day after the transaction).

Context

• This is an award/grant (not an open-market purchase or sale). Awards are routine part of director compensation and do not necessarily indicate near-term buying or selling intent.
• Although the units are vested, no shares will be delivered immediately; the economic benefit depends on Mondelez’s stock price at settlement after Todman leaves the board and six months have passed.