Mondelez (MDLZ) HR chief has 3,218 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mondelez International EVP and Chief People Officer Stephanie Lilak reported a routine tax-related share disposition. On April 1, 2026, 3,218 shares of Class A common stock were withheld at $57.07 per share to cover tax obligations from vesting deferred stock units. After this withholding, she directly holds 24,118 shares of Mondelez common stock. This was not an open-market sale but an automatic share withholding under the company’s performance incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lilak Stephanie
Role
EVP and Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,218 | $57.07 | $184K |
Holdings After Transaction:
Class A Common Stock — 24,118 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,218 shares
Withholding price per share: $57.07 per share
Shares held after transaction: 24,118 shares
3 metrics
Shares withheld for taxes
3,218 shares
Withheld on April 1, 2026 for tax obligations
Withholding price per share
$57.07 per share
Value used for tax-withholding disposition
Shares held after transaction
24,118 shares
Direct ownership following tax withholding
Key Terms
deferred stock units, Amended and Restated 2005 Performance Incentive Plan, tax withholding obligations, tax-withholding disposition
4 terms
deferred stock units financial
"in connection with the vesting of deferred stock units under the Issuer's"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Amended and Restated 2005 Performance Incentive Plan financial
"under the Issuer's Amended and Restated 2005 Performance Incentive Plan"
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Mondelez (MDLZ) executive Stephanie Lilak report?
Stephanie Lilak reported a tax-related share withholding, not an open-market trade. On April 1, 2026, 3,218 Mondelez Class A common shares were withheld to satisfy tax obligations tied to vesting deferred stock units under the company’s performance incentive plan.
Was Stephanie Lilak’s Mondelez (MDLZ) Form 4 a stock sale in the open market?
No, the Form 4 reflects tax withholding, not an open-market sale. The company withheld 3,218 shares at $57.07 to satisfy tax obligations triggered by vesting deferred stock units, a standard administrative process in equity compensation programs.
What plan governed Stephanie Lilak’s Mondelez (MDLZ) tax withholding transaction?
The transaction was governed by Mondelez’s Amended and Restated 2005 Performance Incentive Plan. Under this plan, shares can be withheld to satisfy tax obligations arising when deferred stock units vest, as occurred with the 3,218 shares withheld for Stephanie Lilak.