Form 4: Philip Morris International CFO Babeau Emmanuel Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Chief Financial Officer of Philip Morris International, Babeau Emmanuel, reports the withholding of shares for tax obligations and the sale of shares to cover Swiss tax obligations.

Summary

  • On February 19, 2025, Philip Morris International Inc. CFO Babeau Emmanuel had 13,827 shares of common stock withheld to satisfy tax obligations related to the vesting of Restricted Share Units and Performance Stock Units at a price of $148.74.
  • Following this transaction, Babeau Emmanuel directly owns 169,105 shares of common stock, including 49,020 Restricted Share Units.
  • On February 20, 2025, Babeau Emmanuel sold 30,000 shares of common stock at a weighted average price of $148.85 to cover annual Swiss tax obligations.
  • The shares were sold in multiple transactions at prices ranging from $148.54 to $149.14.
  • After the sale, Babeau Emmanuel directly owns 139,105 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, as it's simply a report of facts.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency into the trading activities of key executives.

Stakeholder Impact

  • The stock sale could have a minor impact on shareholders, depending on the overall market reaction to insider trading activity.

Key Dates

DateDescription
02/19/2025Withholding of 13,827 shares for tax obligations.
02/20/2025Sale of 30,000 shares to cover Swiss tax obligations.
02/21/2025Date of signature for the Form 4 filing.

Keywords

Philip Morris International, Babeau Emmanuel, CFO, stock sale, tax obligations, Form 4, PM, Restricted Share Units, Performance Stock Units

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