Form 4: Philip Morris International Director Lisa Hook Acquires Shares Under Stock Compensation Plan

Lisa Hook, a director at Philip Morris International, acquired 1,789 shares of common stock under the company's 2017 Stock Compensation Plan for Non-Employee Directors.

Summary

• On May 8, 2024, Lisa Hook, 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, which is the average of the high and low price of Philip Morris International Inc. common stock on that day.
• Following the transaction, Lisa Hook beneficially owns 16,556 shares of Philip Morris International Inc. common stock.
• This includes 16,516 deferred shares held in the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors, reflecting the total of the 2024 stock award and 783 deferred shares acquired through the reinvestment of dividends since May 3, 2023.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director's stock acquisition suggests confidence in the company, but it's a routine transaction.

Positives

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

Industry Context

This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies as part of their compensation plans. It reflects standard corporate governance practices.

Comparison to Industry Standards

• Director stock ownership is a common practice among publicly traded companies, including Philip Morris International's peers like British American Tobacco and Altria Group.
• Stock compensation plans for non-employee directors are a standard component of executive compensation packages in the industry.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment, as it indicates a director's investment in the company's stock.

Key Dates