Philip Morris (NYSE: PM) chair receives 1,119-share award, holds 588,782
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Calantzopoulos Andre reported acquisition or exercise transactions in this Form 4 filing.
Philip Morris International Inc. chairman Andre Calantzopoulos reported an equity award of 1,119 shares of common stock on May 6, 2026. The shares were granted under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors at a reference price of $169.93, the average of that day’s high and low.
Following the award, Calantzopoulos directly holds 588,782 shares of Philip Morris International common stock. A separate Form 4 entry notes 398,412 shares reported as held by his spouse, with a disclaimer that he does not admit beneficial ownership of those securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Calantzopoulos Andre
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,119 | $169.93 | $190K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 588,782 shares (Direct, null);
Common Stock — 398,412 shares (Indirect, By Spouse)
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. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Stock award: 1,119 shares
Award reference price: $169.93 per share
Direct holdings after award: 588,782 shares
+1 more
4 metrics
Stock award
1,119 shares
Common stock grant on May 6, 2026
Award reference price
$169.93 per share
Average of high and low on May 6, 2026
Direct holdings after award
588,782 shares
Common stock held directly following transaction
Spousal holdings reported
398,412 shares
Indirect holdings by spouse, beneficial ownership disclaimed
Key Terms
Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors, beneficial ownership, Section 16, average of the high and low price
4 terms
Philip Morris International Inc. 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."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission..."
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.
Section 16 regulatory
"...deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
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 insider transaction did Philip Morris (PM) chairman Andre Calantzopoulos report?
Andre Calantzopoulos reported receiving an award of 1,119 shares of Philip Morris common stock. The grant occurred on May 6, 2026 under the company’s 2017 Stock Compensation Plan for Non-Employee Directors, reflecting equity-based compensation rather than an open-market share purchase.
At what price was Andre Calantzopoulos’s Philip Morris (PM) stock award valued?
The 1,119-share award was valued at $169.93 per share, using the average of the high and low trading prices on May 6, 2026. This reference price is used for reporting purposes and comes from Philip Morris International’s common stock trading range that day.
What is the Philip Morris (PM) 2017 Stock Compensation Plan for Non-Employee Directors?
The 2017 Stock Compensation Plan for Non-Employee Directors provides equity awards, such as shares of common stock, to Philip Morris board members who are not company employees. Andre Calantzopoulos’s 1,119-share grant on May 6, 2026 was issued under this specific director compensation plan.
Does Andre Calantzopoulos’s Form 4 show any Philip Morris (PM) stock sales?
The Form 4 does not report any stock sales by Andre Calantzopoulos. It records an acquisition of 1,119 shares as an equity award and a separate holding entry for 398,412 shares attributed to his spouse, with a disclaimer regarding his beneficial ownership of those indirectly reported shares.