Form 4: Philip Morris International Director Robert Polet Acquires Shares Under Stock Compensation Plan

Sentiment:

SEC Form 4 Filing


Director Robert Polet 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, Robert Polet, 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, Polet directly owns 27,644 shares of Philip Morris International Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction under a pre-existing compensation plan. There's no indication of significant positive or negative implications.

Positives

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

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares by a director under a pre-existing compensation plan.

Key Dates

DateDescription
05/08/2024Date of transaction: Robert Polet acquired shares of Philip Morris International Inc. common stock.
05/10/2024Date of signature: Form 4 signed by Darlene Quashie Henry, Attorney-In-Fact.

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