Mondelez COO Luca Zaramella Exercises Options and Retains Net Shares

Transaction Summary

On November 2, 2026, Luca Zaramella, Executive Vice President and Chief Operating Officer of Mondelez International, Inc. ($MDLZ), executed a routine stock option exercise and related tax/cost share surrender:

• Option Exercise (Code M): Exercised 22,410 options to acquire 22,410 shares of Class A Common Stock at an exercise price of $43.51 per share.
• Tax & Cost Withholding (Code F): Surrendered 18,110 shares at the fair market value of $66.38 per share ($1,202,141.80 total) to cover the exercise cost and associated tax obligations.
• Net Change: Net increase of 4,300 shares held directly.
• Ending Position: Following the transactions, Zaramella directly owns 408,313 shares of Class A Common Stock.

Derivative Activity

The options exercised were originally granted with an expiration date of February 22, 2028, and had become fully exercisable on February 22, 2021. Following the exercise, 0 options remain under this specific grant tranche.

Market & Trading Significance

This transaction is assessed as Low significance. It reflects standard executive compensation management, consisting of an option exercise nearing its maturation window accompanied by automated/routine share withholding to cover costs and taxes, with the insider netting additional common shares.