Mondelez (MDLZ) CEO Dirk Van de Put Exercises Options, Sells 133,580 Shares

What Happened
Dirk Van de Put, CEO of Mondelez International, exercised stock options to acquire 133,580 shares and immediately sold those same 133,580 shares in an open-market transaction on Aug 19, 2026. The exercise cost was $42.11 per share (total $5,625,054); the shares were sold at a weighted-average price of $64.08 per share for total proceeds of $8,559,806 — a gross cash difference of about $2,934,752 before taxes and fees. The sale was reported on a Form 4 filed Aug 21, 2026.

Key Details

• Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (timely filing).
• Exercise: 133,580 shares at $42.11 — total paid $5,625,054. (Derivative exercise; options became 100% exercisable Feb 16, 2020; expire Nov 20, 2027.)
• Sale: 133,580 shares sold at a weighted-average price of $64.08 — total proceeds $8,559,806; reported sale prices ranged $64.00–$64.16.
• Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan adopted May 15, 2026. Reporting person offered to provide per-price sale breakdown upon request.
• Shares owned after the transactions: not specified in the provided filing details.

Context
This is an option exercise followed by an immediate sale (a common cashless exercise pattern) and was executed under a pre-established 10b5-1 plan, which typically indicates a pre-planned, rule-compliant disposition rather than a spontaneous market-timing decision. The Form 4 shows both the derivative disposition (options converted/exercised) and the subsequent open-market sale.