Form 4: Philip Morris International Director Bough Bonin Reports Stock Acquisition

Director Bough Bonin reports acquisition of 1,002 shares of Philip Morris International Inc. common stock at an average price of $174.82.

Summary

• On May 7, 2025, Bough Bonin, a director of Philip Morris International Inc., acquired 1,002 shares of common stock.
• The shares were awarded under the company's 2017 Stock Compensation Plan for Non-Employee Directors.
• The average price of the stock on the transaction date was $174.82.
• Following the transaction, Bonin directly owns 9,834 shares, which includes 9,833 deferred shares held in the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors.
• This includes an increase of 1,383 deferred shares, reflecting the 2025 stock award and 381 deferred shares acquired through the reinvestment of dividends since May 8, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's stock acquisition suggests confidence in the company, but it's a routine transaction under a pre-existing compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
• The stock compensation plan aligns the interests of non-employee directors with those of shareholders.

Industry Context

This filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.

Comparison to Industry Standards

• Stock compensation plans for non-employee directors are a common practice among publicly traded companies to align their interests with those of shareholders.
• The amount of stock awarded and the terms of the compensation plan are generally comparable to those offered by peer companies in the same industry and of similar size.
• Companies like Altria Group (MO) and British American Tobacco (BTI) also have similar stock compensation plans for their directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
• The transaction has no material impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Philip Morris International Inc., Director, Stock Acquisition, Form 4, Beneficial Ownership, Stock Compensation Plan, PM