Guerin Yann 4

What Happened

• Guerin Yann, Group Chief Legal Officer of Philip Morris International (PM), reported acquisitions by award: 3,230 shares recorded at $0.00 and 5,050 shares valued at $172.93 each (totaling $873,297). These entries are coded as "A" (grant/award/acquisition) on the Form 4 filed Feb 9, 2026.
• Total shares acquired in these reported transactions: 8,280 shares. These were awards/vesting-related transactions, not open-market purchases or sales.

Key Details

• Transaction dates and values:
  • 2026-02-05: 3,230 shares @ $0.00 (acquired) — see footnote F1.
  • 2026-02-06: 5,050 shares @ $172.93 = $873,297 (acquired) — F3 notes this price is a 20-day average.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes from the filing:
  • F1: 3,230 shares reflect common stock earned after Board certification of a year-three performance goal under PSUs awarded Feb 9, 2023; PSUs vest on Feb 18, 2026.
  • F2: Restricted Share Units awarded under the 2022 Performance Incentive Plan; RSUs vest Feb 21, 2029.
  • F3: $172.93 is the average closing price for 20 trading days prior to Feb 6, 2026.
  • F4: Filing notes include 18,590 Restricted Share Units.
• Filing timeliness: Form 4 was filed Feb 9, 2026. The report appears to have been submitted within the required two-business-day window for these transactions.

Context

• These transactions are award/vesting events (compensation-related), not open-market buys or sales. Such awards are routine executive compensation and do not necessarily signal a personal market buy or sell decision.
• The Feb 6 entry shows substantial value (~$873k) tied to awarded shares based on a 20-day average price; retail investors typically treat award/vesting disclosures as informational about compensation and ownership rather than direct insider buying/selling sentiment.