Philip Morris (NYSE: PM) director granted 1,119 shares under stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Polet Robert reported acquisition or exercise transactions in this Form 4 filing.
Philip Morris International Inc. director Robert Polet received a stock award of 1,119 shares of common stock on May 6, 2026. The award was granted under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors, using an average share price of $169.93 for valuation. Following this grant, Polet directly holds 29,765 shares of Philip Morris International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Polet Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,119 | $169.93 | $190K |
Holdings After Transaction:
Common Stock — 29,765 shares (Direct, null)
Footnotes (1)
- Shares awarded under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. The average of the high and low price of Philip Morris International Inc. common stock on May 6, 2026.
Key Figures
Shares granted: 1,119 shares
Grant valuation price: $169.93 per share
Shares held after grant: 29,765 shares
3 metrics
Shares granted
1,119 shares
Common stock award on May 6, 2026
Grant valuation price
$169.93 per share
Average of high and low price on May 6, 2026
Shares held after grant
29,765 shares
Director’s direct holdings following the award
Key Terms
2017 Stock Compensation Plan for Non-Employee Directors, grant/award acquisition, Common Stock, average of the high and low price
4 terms
2017 Stock Compensation Plan for Non-Employee Directors financial
"Shares awarded under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors."
grant/award acquisition financial
"transaction_action is described as grant/award acquisition for this Form 4 entry."
Common Stock financial
"The reported security title for the transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
average of the high and low price financial
"The average of the high and low price of Philip Morris International Inc. common stock on May 6, 2026."
FAQ
What did Philip Morris (PM) director Robert Polet report on this Form 4?
Director Robert Polet reported receiving a grant of 1,119 Philip Morris International common shares. The shares were awarded as director compensation, not purchased on the open market, and increased his direct holdings to 29,765 shares after the transaction.
Was the Philip Morris (PM) Form 4 transaction a stock purchase or a grant?
The Form 4 transaction was a grant, not an open-market purchase. Robert Polet received 1,119 shares as a grant or award under a company stock compensation plan for non-employee directors, reflecting equity-based compensation rather than a discretionary share purchase.
At what price was Robert Polet’s Philip Morris (PM) stock award valued?
The stock award was valued at an average price of $169.93 per share. This valuation represents the average of the high and low trading prices of Philip Morris International common stock on May 6, 2026, the grant date noted in the filing.
What plan was used for Robert Polet’s Philip Morris (PM) stock grant?
The stock grant was made under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This plan provides equity awards to outside board members as part of their compensation instead of cash-only payments for their service.