Mondelez CEO Dirk Van de Put Files Form 144 to Sell $8.4M in Shares Under 10b5-1 Plan
Mondelez International, Inc.
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Filing Summary
Mondelez International, Inc. ($MDLZ) – Form 144 Notice of Proposed Sale • Insider: Dirk Van de Put (Director & Officer / CEO) • Shares Proposed for Sale: 129,285 • Estimated Market Value: $8,395,767.90 (~$64.94/share) • Acquisition Source: Stock Option Exercise (Cash payment on 11/02/2026) • Trading Plan: Pre-scheduled Rule 10b5-1 plan adopted on 05/15/2026 • Broker: Morgan Stanley Smith Barney LLC
Comprehensive Analysis
Executive Summary
On November 2, 2026, Dirk Van de Put, Chairman and CEO of Mondelez International, Inc. ($MDLZ), filed a Form 144 notice disclosing an intention to sell 129,285 shares of common stock with an aggregate market value of approximately $8.40 million (implied price of ~$64.94 per share).
Key Transaction Highlights
- Nature of Acquisition: The 129,285 shares are being acquired on November 2, 2026, through the exercise of stock options paid in cash.
- Pre-Arranged Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan established on May 15, 2026.
- Prior Dispositions: Within the preceding three months, the reporting person sold 133,580 shares on August 19, 2026, generating gross proceeds of $8,559,258.72 under the same 10b5-1 framework.
- Market Impact: With 1,265,838,379 shares outstanding, the 129,285 shares represent approximately 0.01% of total shares outstanding, resulting in minimal market dilution or supply pressure.
Insider Significance
While the dollar value of the proposed transaction is significant at ~$8.4M, the trading significance is rated Medium due to the programmatic nature of the sale. The transaction is an option exercise and sale conducted under a Rule 10b5-1 trading plan adopted months prior, consistent with routine executive compensation and diversification patterns.
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