Form 4: Philip Morris International Executive Reports Stock Transaction
SEC Form 4 Filing
Vasileios Gkatzelis, a Philip Morris International executive, reports the withholding of shares to cover tax obligations related to vesting share units.
Summary
- On February 19, 2025, Vasileios Gkatzelis, President E.A., Aus., and PMI DF at Philip Morris International Inc., had 1,109 shares of common stock withheld to satisfy tax obligations.
- The withholding occurred at a price of $148.74 per share.
- Following the transaction, Gkatzelis directly owns 22,481 shares of Philip Morris International Inc., including 10,740 Restricted Share Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of an executive's stock holdings.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock transaction (withholding of shares). |
| 02/21/2025 | Date of signature for the report. |
Keywords
Philip Morris International, Gkatzelis, stock transaction, Form 4, insider trading, restricted share units, performance stock units, tax obligations
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