Philip Morris (PM) CFO discloses 71,588 shares, RSUs vesting through 2029
Rhea-AI Filing Summary
Philip Morris International Inc. executive Massimo Andolina, Group Chief Financial Officer, reported initial beneficial ownership of 71,588 shares of the company’s common stock. This direct holding includes 23,310 Restricted Share Units (RSUs) granted under the Philip Morris International Inc. 2022 Performance Incentive Plan.
Of these RSUs, 7,620 are scheduled to vest on February 17, 2027, 6,850 on February 16, 2028, and 8,840 on February 21, 2029, providing a staged equity-based compensation profile over several years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andolina Massimo
Role
Group Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 71,588 shares (Direct)
Footnotes (1)
- F1. Includes 23,310 Restricted Share Units ("RSUs"), which were awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. Of the 23,310 RSUs, 7,620 will vest on February 17, 2027, 6,850 will vest on February 16, 2028, and 8,840 will vest on February 21, 2029.
Key Figures
Total common shares held: 71,588 shares
Total RSUs granted: 23,310 RSUs
2027 RSU vesting tranche: 7,620 RSUs
+2 more
5 metrics
Total common shares held
71,588 shares
Direct beneficial ownership of Philip Morris International Inc. common stock
Total RSUs granted
23,310 RSUs
Restricted Share Units under the 2022 Performance Incentive Plan included in reported holdings
2027 RSU vesting tranche
7,620 RSUs
Scheduled to vest on February 17, 2027
2028 RSU vesting tranche
6,850 RSUs
Scheduled to vest on February 16, 2028
2029 RSU vesting tranche
8,840 RSUs
Scheduled to vest on February 21, 2029
Key Terms
Restricted Share Units ("RSUs"), Philip Morris International Inc. 2022 Performance Incentive Plan, vest
3 terms
Philip Morris International Inc. 2022 Performance Incentive Plan financial
"RSUs, which were awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan."
vest financial
"7,620 will vest on February 17, 2027, 6,850 will vest on February 16, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What holdings did Philip Morris (PM) CFO Massimo Andolina report on his Form 3?
Massimo Andolina reported direct beneficial ownership of 71,588 shares of Philip Morris International Inc. common stock, including 23,310 Restricted Share Units (RSUs) granted under the 2022 Performance Incentive Plan that vest in stages through 2029.
When do the RSUs reported by Philip Morris (PM) CFO Massimo Andolina vest?
The 23,310 RSUs vest in three tranches: 7,620 on February 17, 2027, 6,850 on February 16, 2028, and 8,840 on February 21, 2029, reflecting a multi-year retention schedule.
What portion of Philip Morris (PM) CFO Massimo Andolina’s reported holdings are RSUs?
Out of 71,588 total shares of Philip Morris International Inc. common stock reported, 23,310 are Restricted Share Units. The remainder represents other directly held common shares, all reported as direct beneficial ownership on the Form 3.
Under which plan were the RSUs for Philip Morris (PM) CFO Massimo Andolina granted?
The 23,310 RSUs reported by Massimo Andolina were granted under the Philip Morris International Inc. 2022 Performance Incentive Plan, which provides equity-based awards such as Restricted Share Units to eligible participants.