Philip Morris International (PM) CEO Jacek Olczak reports stock and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Philip Morris International Group CEO Jacek Olczak reported two equity awards. On February 5, 2026, he acquired 137,579 shares of common stock at $0, earned after the board certified achievement of the third-year performance goal for performance stock units granted on February 9, 2023. These PSUs vest on February 18, 2026.
On February 6, 2026, he received 33,460 restricted share units under the 2022 Performance Incentive Plan at a reference price of $172.93, based on the 20-day average closing price before that date. These RSUs will vest on February 21, 2029. Following these transactions, he beneficially owned 718,465 common shares, including 179,780 restricted share units, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Olczak Jacek
Role
Group CEO PMI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,460 | $172.93 | $5.79M |
| Grant/Award | Common Stock | 137,579 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 718,465 shares (Direct)
Footnotes (1)
- Reflects shares of common stock earned as a result of the certification by the Issuer's Board of Directors to the achievement of the year three performance goal under the terms of Performance Stock Units ("PSUs") awarded on February 9, 2023. The PSUs vest on February 18, 2026. Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 21, 2029. Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 6, 2026. Includes 179,780 Restricted Share Units.
FAQ
What insider transactions did PM CEO Jacek Olczak report on this Form 4 for PM?
Jacek Olczak reported two stock acquisitions in Philip Morris International. He acquired 137,579 common shares from earned performance stock units on February 5, 2026, and 33,460 restricted share units granted on February 6, 2026, under the company’s 2022 Performance Incentive Plan.
Do the reported PM equity awards for Jacek Olczak involve cash transactions?
The Form 4 shows one non-cash and one equity-based grant. The 137,579 shares from performance stock units were acquired at $0, while the 33,460 restricted share units reference a $172.93 average price, reflecting valuation rather than a direct cash purchase.