PMI (NYSE: PM) CEO International sells 20,000 shares, withholds 1,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Philip Morris International Inc. executive Frederic De Wilde, CEO PMI International, reported two stock transactions. He sold 20,000 shares of common stock in an open-market transaction at a weighted average price of $182.58 per share and now holds 133,513 shares, including 39,140 restricted share units. In a separate transaction, 1,000 shares at $182.67 were withheld to cover tax obligations tied to vesting equity awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($3,651,600)
Net Sell
2 txns
Insider
De Wilde Frederic
Role
CEO PMI International
Sold
20,000 shs ($3.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $182.58 | $3.65M |
| Tax Withholding | Common Stock | 1,000 | $182.67 | $183K |
Holdings After Transaction:
Common Stock — 133,513 shares (Direct)
Footnotes (1)
- Withholding of shares of Philip Morris International Inc. common stock to satisfy tax obligations in connection with the vesting of Restricted Share Units and Performance Stock Units. Includes 39,140 Restricted Share Units. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.43 to $182.96, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
FAQ
What insider transactions did PM executive Frederic De Wilde report?
Frederic De Wilde reported selling 20,000 Philip Morris International common shares in an open-market transaction at a weighted average price of $182.58. He also had 1,000 shares withheld at $182.67 to satisfy tax obligations related to vesting stock-based awards.