Form 4: Philip Morris International Director Andre Calantzopoulos Gifts Shares to Spouse

Sentiment:

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

DateDescription
11/07/2024Date of the share gift transaction
11/08/2024Date of the signature on the Form 4 filing

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