Dobrowolski Reginaldo 4
4 · Philip Morris International Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Philip Morris (PM) Group Controller Reginaldo Dobrowolski Sells Shares
What Happened
Reginaldo Dobrowolski, Group Controller at Philip Morris International (PM), disposed of shares in two ways: 250 shares were withheld to cover taxes related to vested restricted/performance units, and he sold 6,000 shares in open-market transactions. Tax-withheld shares (210 + 40) were withheld at $182.67 each (total ≈ $45,668). The open-market sales were 5,000 shares (≈ $917,300) and 1,000 shares (≈ $183,580), for a combined sale proceeds of about $1,100,880. These are sales (not purchases).
Key Details
- Transaction dates: Feb 18, 2026 (tax-withholding on vesting); Feb 20, 2026 (open-market sales). Filing date: Feb 20, 2026 (timely).
- Tax-withholding: 210 shares + 40 shares at $182.67 to satisfy tax obligations on vested RSUs/PSUs (footnote F1).
- Open-market sales: 5,000 shares sold around $183.46–$183.51 (weighted average reported; footnote F4) totaling ≈ $917,300, plus 1,000 shares at $183.58 totaling $183,580.
- Shares owned after transaction: not explicitly stated in the provided filing excerpt. Footnote F2 notes the reporting person’s position includes 7,630 Restricted Share Units; footnote F3 lists spouse holdings (3,464 shares outright and 3,790 RSUs).
- Footnotes: F1 = withholding to satisfy taxes on RSU/PSU vesting; F2 = includes 7,630 RSUs; F3 = spouse’s holdings; F4 = weighted-average sale pricing and range disclosure.
- No indication of a 10% owner status or a 10b5-1 plan in the provided data.
Context
The 250-share disposition was a tax-withholding event related to equity awards vesting (a routine administrative sell-to-cover), while the 6,000-share transactions were open-market sales. Sales by insiders are common and don't necessarily signal a change in company outlook; purchases (which can be more informative) did not occur in this filing. The filing appears timely (filed Feb 20, 2026).
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-18$182.67/sh−210$38,361→ 26,182 total - Tax Payment
Common Stock
[F1][F3]2026-02-18$182.67/sh−40$7,307→ 8,254 total(indirect: By Spouse) - Sale
Common Stock
[F4][F2]2026-02-20$183.46/sh−5,000$917,300→ 21,182 total - Sale
Common Stock
[F3]2026-02-20$183.58/sh−1,000$183,580→ 7,254 total(indirect: By Spouse)
Footnotes (4)
- [F1]Withholding of shares of Philip Morris International Inc. common stock to satisfy tax obligations in connection with the vesting of Restricted Share Units and Performance Stock Units.
- [F2]Includes 7,630 Restricted Share Units.
- [F3]Spouse is an employee of Philip Morris International Inc. She holds 3,464 shares of the common stock of Philip Morris International Inc. outright with a bank or a broker, and currently holds 3,790 Restricted Share Units.
- [F4]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.46 to $183.51, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder of Philip Morris International Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.