Dobrowolski Reginaldo 4

What Happened

• Reginaldo Dobrowolski, Group Controller at Philip Morris International (PM), had 22 shares of PM common stock withheld on 2026-03-06 to satisfy tax obligations tied to the vesting of restricted share units (RSUs). The shares were recorded at $169.98 each for a total value of about $3,740. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-06, 22 shares at $169.98 per share.
• Total value withheld: approximately $3,740.
• Transaction type: F — withholding of shares to satisfy tax obligations on RSU vesting (cashless retention/forfeiture to cover taxes).
• Holdings/related disclosures: Filing notes include 7,630 Restricted Share Units as part of reported holdings. Footnote also states Dobrowolski’s spouse holds 4,082 shares outright and 3,150 RSUs.
• Timeliness: Form 4 filed 2026-03-09 for a 2026-03-06 transaction; appears to be filed within required reporting window.

Context

• Tax-withholding dispositions are routine when RSUs vest; shares are retained or surrendered to cover tax withholding rather than sold on the open market, so they generally do not indicate a change in insider sentiment about the stock.
• For retail investors, purchases are typically more informative than routine withholdings. This filing documents a standard administrative action related to compensation.