Form 4: Philip Morris International Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Reginaldo Dobrowolski, Vice President and Controller of Philip Morris International Inc., reports the withholding of shares to cover tax obligations related to vesting of stock units.
Summary
- Reginaldo Dobrowolski, a Vice President and Controller at Philip Morris International Inc. (PM), filed a Form 4 detailing changes in beneficial ownership.
- On February 19, 2025, shares of common stock were withheld to satisfy tax obligations related to the vesting of Restricted Share Units and Performance Stock Units.
- 205 shares were withheld at a price of $148.74.
- Following the transaction, Dobrowolski directly owns 20,594 shares of common stock, including 8,130 Restricted Share Units.
- Additionally, 42 shares were withheld from Dobrowolski's spouse at a price of $148.74.
- His spouse indirectly owns 7,554 shares, including 4,190 Restricted Share Units and 3,364 shares held outright.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves the withholding of shares for tax purposes, not a significant sale or purchase of stock.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock withholding for tax obligations. |
| 02/21/2025 | Date of signature by Attorney-In-Fact. |
Keywords
Form 4, Philip Morris International Inc., PM, Reginaldo Dobrowolski, Stock Transaction, Beneficial Ownership, Restricted Share Units, Performance Stock Units, Tax Obligations
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