PLDT CEO sells 2,000 shares around $18
PLDT Inc.’s chairman, president and CEO reported numerous small open-market sales of TEL shares on September 2, 2026.
Rhea-AI Filing Summary
Pangilinan Manuel Velez reported acquisition or exercise transactions in a Form 4 filing for PHI. The filing lists transactions totaling 2,000 shares at a weighted average price of $18.15 per share from September 2, 2026 to September 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
16 txns
Insider
Pangilinan Manuel Velez
Role
Chairman, President and CEO
Sold
2,000 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | TEL | 20 | $17.83 | $356.60 |
| Sale | TEL | 40 | $17.88 | $715.20 |
| Sale | TEL | 85 | $17.90 | $2K |
| Sale | TEL | 80 | $17.94 | $1K |
| Sale | TEL | 50 | $17.96 | $898.00 |
| Sale | TEL | 105 | $17.98 | $2K |
| Sale | TEL | 100 | $18.02 | $2K |
| Sale | TEL | 100 | $18.04 | $2K |
| Sale | TEL | 100 | $18.09 | $2K |
| Sale | TEL | 50 | $18.12 | $906.00 |
| Sale | TEL | 150 | $18.20 | $3K |
| Sale | TEL | 130 | $18.22 | $2K |
| Sale | TEL | 505 | $18.23 | $9K |
| Sale | TEL | 185 | $18.25 | $3K |
| Sale | TEL | 140 | $18.27 | $3K |
| Sale | TEL | 160 | $18.30 | $3K |
Holdings After Transaction:
TEL — 377,521 shares (Direct)
Key Figures
Shares sold (single trade): 20 shares
Shares sold (single trade): 40 shares
Shares sold (single trade): 505 shares
+3 more
6 metrics
Shares sold (single trade)
20 shares
Non-derivative TEL shares sold at $17.83 on September 2, 2026
Shares sold (single trade)
40 shares
Non-derivative TEL shares sold at $17.88 on September 2, 2026
Shares sold (single trade)
505 shares
Largest reported TEL trade sold at $18.23 on September 2, 2026
Sale price per share (low end)
$17.83 per share
Lowest reported TEL sale price on September 2, 2026
Sale price per share (high end)
$18.30 per share
Highest reported TEL sale price on September 2, 2026
Rule 10b5-1 plan status
No plan reported
Affirmation checkbox for Rule 10b5-1 is not selected
Key Terms
non-derivative, open market or private transaction, Rule 10b5-1, beneficial ownership
4 terms
non-derivative financial
"The transactions involve non-derivative TEL shares."
open market or private transaction financial
"Each trade is described as a sale in open market or private transaction."
Rule 10b5-1 regulatory
"The filing notes no Rule 10b5-1 trading plan for these transactions."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial ownership financial
"Form 4 reports changes in beneficial ownership of equity securities."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider activity did PLDT Inc. (PHI) disclose in this Form 4?
PLDT Inc. disclosed that Chairman, President and CEO Manuel Velez Pangilinan reported multiple open-market sales of non-derivative TEL shares on September 2, 2026, in several small blocks at prices around the high-$17 to low-$18 range per share.
Does the Form 4 state Manuel Pangilinan’s remaining PLDT (TEL) holdings?
The transactions each list the number of TEL shares sold and the sale price per share, but do not state the total number of shares held after the transactions; the post-transaction holdings fields are left blank in the reported data.
AI-generated analysis. How Rhea-AI works. Not financial advice.