Mondelez CEO Dirk Van de Put Files Form 144 to Sell $8.4M in Stock

Executive Summary

On November 4, 2026, Dirk Van de Put, Director and Chief Executive Officer of Mondelez International, Inc. ($MDLZ), filed SEC Form 144 signaling an intent to sell 129,285 shares of Common Stock with an estimated aggregate market value of approximately $8.42 million.

Transaction Details

• Security: Common Stock
• Shares Proposed for Sale: 129,285
• Aggregate Market Value: $8,419,039.20 (~$65.12 per share)
• Nature of Acquisition: Exercise of stock options directly from the issuer for cash on November 4, 2026.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Approximate Sale Date: November 4, 2026
• Shares Outstanding: 1,265,838,379 shares (proposed sale represents approximately 0.01% of outstanding shares)

Rule 10b5-1 Plan and Prior Activity

• Plan Adoption: The filing indicates that this transaction is executed pursuant to a Rule 10b5-1 trading plan adopted on May 15, 2026.
• Past 3 Months Sales:
  • November 2, 2026: Sold 129,285 shares for gross proceeds of $8,537,813.33.
  • August 19, 2026: Sold 133,580 shares for gross proceeds of $8,559,258.72.

Market & Trading Significance

This sale represents routine compensation monetization via pre-established Rule 10b5-1 option exercises and subsequent liquidations. While the total dollar volume is substantial ($8.42M), the adoption of a formal trading plan months in advance and the link to stock option exercises mitigates negative sentiment, ranking this transaction at Medium trading significance.