Babeau Emmanuel 4

What Happened

• Emmanuel Babeau, Chief Financial Officer of Philip Morris International, received equity awards totaling 61,386 shares through company awards. On 2026-02-05 50,046 shares were reported as earned (PSUs) at $0.00, and on 2026-02-06 an award of 11,340 restricted share units was reported with an implied value of $172.93/share (total ≈ $1,961,026). These were awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction dates and values:
  • 2026-02-05: 50,046 shares (PSUs) reported as acquired at $0.00 (see F1).
  • 2026-02-06: 11,340 Restricted Share Units (RSUs) valued at $172.93 each (20-day average; see F3) = $1,961,026 (see F2).
• Shares acquired total: 61,386 shares granted/awarded.
• Shares owned after transaction: filing notes include 60,360 Restricted Share Units (F4); the filing excerpt does not provide a full total of all common shares beneficially owned.
• Footnotes:
  • F1: 50,046 shares reflect PSUs certified for achievement of a 3-year performance goal (PSUs were originally awarded 2/9/2023; vesting date noted as 2/18/2026).
  • F2: 11,340 RSUs were awarded under the 2022 Performance Incentive Plan; these RSUs vest on 2/21/2029.
  • F3: $172.93 is the 20-trading-day average closing price used to value the RSU award.
  • F4: Filing indicates holdings include 60,360 RSUs.
• Filing date: Form 4 filed 2026-02-09 (reporting the 2/5–2/6 awards).

Context

• These transactions are awards/grants (compensation-related), not purchases or sales. Awards and vesting events are routine parts of executive compensation and do not by themselves indicate insider buying or selling sentiment.
• PSUs are performance-based and may be subject to future vesting conditions or timing; RSUs typically vest over time (here, RSUs vest in 2029).