Form 4: Philip Morris International Executive Barth Werner Reports Stock Transactions
SEC Form 4 Filing
Werner Barth, a Principal Combustibles & Global Combustible Marketing at Philip Morris International, reported the sale of 10,000 shares and a transaction related to tax obligations.
Summary
- On February 19, 2025, Werner Barth had 791 shares of Philip Morris International Inc. common stock withheld to cover tax obligations related to vesting Restricted Share Units and Performance Stock Units at a price of $148.74.
- On February 20, 2025, Werner Barth sold 10,000 shares of Philip Morris International Inc. common stock at a price of $148.67.
- Following these transactions, Werner Barth directly owns 106,244 shares of Philip Morris International Inc. common stock, which includes 20,070 Restricted Share Units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares sold compared to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Withholding of 791 shares for tax obligations related to vesting of Restricted Share Units and Performance Stock Units. |
| 02/20/2025 | Sale of 10,000 shares of common stock at $148.67. |
| 02/21/2025 | Date of signature by Attorney-In-Fact, Darlene Quashie Henry. |
Keywords
Philip Morris International, PM, Werner Barth, Stock Sale, Form 4, Insider Trading, Restricted Share Units, Performance Stock Units, Tax Obligations
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