Panlilio Alfredo Santos 4

What Happened

• Panlilio Alfredo Santos (Director) sold a total of 4,505 PLDT shares in open-market dispositions on April 10, 2026, across five trades, generating approximately $101,991 in proceeds. This was a series of sales (not purchases), which are often routine liquidity transactions and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: 2026-04-10 (reported on Form 4 filed 2026-04-13; filing appears timely)
• Trades (all sales, code S):
  • 3,035 shares @ $22.62 = $68,652
  • 465 shares @ $22.63 = $10,523
  • 210 shares @ $22.65 = $4,757
  • 205 shares @ $22.70 = $4,654
  • 590 shares @ $22.72 = $13,405
• Total shares sold: 4,505; total proceeds: ~$101,991
• Shares owned after transaction: not specified in the excerpt of the filing provided
• No footnotes provided in the summary (e.g., 10b5-1 plan or tax withholding) and no indication this was an option exercise or gift

Context

• These were straight sales (S) reported on a Form 4; sales by directors are common for diversification or cash needs and should not be interpreted alone as a signal about the company’s fundamentals.
• If you track insider activity, note the size and frequency of buys vs sells over time — purchases tend to be more informative about insider conviction than routine sales.