McKinstry Nancy 4

What Happened

• Nancy McKinstry, a director of Mondelez International (MDLZ), was granted 3,525 deferred stock units (transaction code A) on 2026-05-20. The units were reported at $0.00 per unit (no cash purchase); reported acquisition value $0.
• This was an award/compensation grant (not a market purchase or sale). According to the filing, the DSUs are 100% vested but the underlying shares will not be delivered until the six-month anniversary of the reporting person's separation from service as a director.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (filed promptly the next day).
• Transaction type/code: A — grant/award of 3,525 deferred stock units; price $0.00; total reported value $0.
• Footnote F1: DSUs are fully vested but receipt of shares is deferred until six months after McKinstry leaves the board.
• Footnote F2: The filing notes total shares owned includes approximately 100 shares acquired via a dividend reinvestment program; the filing does not state a full post-transaction share total.
• No 10b5-1 plan, cashless sale, tax-withholding sale, or late-filing indication is disclosed.

Context

• Deferred stock units are a form of compensation for directors; they are not an open-market purchase or insider sale and therefore do not directly signal buying or selling sentiment.
• Because delivery of shares is deferred until after separation, these units function as deferred pay/retention rather than immediate liquidity.