A Form 4 filed on September 4, 2026, disclosed that Luca Zaramella, EVP and Chief Operating Officer of Mondelez International, Inc. (NASDAQ:MDLZ), exercised stock options and surrendered shares on September 2, 2026.

Key Highlights

  • Option exercise: Zaramella exercised stock options covering 22,570 shares of Class A Common Stock at an exercise price of $43.20 per share on September 2, 2026.
  • Shares surrendered for taxes and exercise price: 18,695 shares of Class A Common Stock were disposed of at $62.45 per share on the same date via transaction code F (surrender of securities in payment of exercise price and taxes).
  • Resulting ownership: Following the transactions, Zaramella directly beneficially owned 404,013 shares of Class A Common Stock.
  • Option expiration: The exercised options were set to expire on February 16, 2027, and became 100% exercisable on February 16, 2020, according to the filing.
  • Remaining derivative holdings: After the exercise, Zaramella held zero stock options of this series.

Zaramella's Option Exercise and Share Surrender at Mondelez International

According to the filing, Luca Zaramella, identified as EVP and Chief Operating Officer of Mondelez International, Inc., executed two related transactions on September 2, 2026, both reported under Table I (Non-Derivative Securities) and Table II (Derivative Securities). The filing states the Form 4 was filed "to report the exercise of stock options that became 100% exercisable on February 16, 2020, expire on February 16, 2027, and to report the surrender of securities in payment of the exercise price and taxes."

In the first transaction, coded M (exercise of derivative security), Zaramella acquired 22,570 shares of Class A Common Stock at a price of $43.20, bringing his directly held total to 422,708 shares. In the second transaction, coded F, he disposed of 18,695 shares at $62.45 per share, reducing his directly held beneficial ownership to 404,013 shares. Both transactions are listed as direct ownership in the filing.

The derivative security table confirms that the stock options carried an exercise price of $43.20, covered 22,570 shares of Class A Common Stock, and had an expiration date of February 16, 2027. Following the exercise, the filing records zero remaining stock options of this series held by Zaramella. The Form 4 was signed by Jamie L. East, by Power of Attorney, on September 4, 2026.

What Was Disclosed

The filing reported a stock option exercise by Mondelez International's EVP and COO on September 2, 2026, involving 22,570 options exercised at $43.20 and 18,695 shares surrendered at $62.45, leaving him with direct beneficial ownership of 404,013 shares.