Form 4: Philip Morris International Director Andre Calantzopoulos Gifts Shares to Spouse
SEC Form 4 Filing
Director Andre Calantzopoulos gifted 398,412 shares of Philip Morris International Inc. common stock to his spouse on November 7, 2024.
Summary
- Andre Calantzopoulos, a director at Philip Morris International Inc., reported a transaction involving a gift of shares to his spouse on November 7, 2024.
- He gifted 398,412 shares of common stock.
- The transaction was executed at a price of $0 per share as it was a gift.
- Following the transaction, Mr. Calantzopoulos directly owns 561,349 shares and his spouse indirectly owns 398,412 shares.
- Mr. Calantzopoulos disclaims beneficial ownership of the shares held by his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a gift of shares. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Related Party Transactions
- The gift of shares to the spouse of Andre Calantzopoulos is a related party transaction.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders as it is a personal transaction of a director.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the share gift transaction |
| 11/08/2024 | Date of the signature on the Form 4 filing |
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