Form 4: Philip Morris International Director Kalpana Morparia Acquires Shares Under Stock Compensation Plan

Director Kalpana Morparia acquired 1,789 shares of Philip Morris International Inc. common stock at an average price of $97.84 on May 8, 2024, under the company's 2017 Stock Compensation Plan for Non-Employee Directors.

Summary

• On May 8, 2024, Kalpana Morparia, a director of Philip Morris International Inc., acquired 1,789 shares of common stock.
• The acquisition was made under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors.
• The price per share was $97.84, representing the average of the high and low price of the stock on that day.
• Following the transaction, Morparia directly owns 26,115 shares of Philip Morris International Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of positive or negative sentiment.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates