Bough Bonin 4

What Happened Bough Bonin, a director of Philip Morris International (PM), received a grant/award of 1,119 shares on May 6, 2026. The company valued the award at $169.93 per share (the average of the high and low on May 6), for a total reported value of $190,152. This was an award under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non‑Employee Directors (transaction code A).

Key Details

• Transaction date and price: May 6, 2026; 1,119 shares at $169.93 (average of high and low on that date).
• Total value: $190,152 (reported on Form 4).
• Shares owned after the transaction: the filing reports 11,296 deferred shares held in the 2017 Non‑Employee Directors Plan.
• Footnotes: F1 = award under the 2017 plan; F2 = price is the average of high/low on May 6; F3 = the 11,296 deferred shares reflect an increase of 1,463 deferred shares (the 1,119-share 2026 award plus 344 deferred shares from dividend reinvestment since May 7, 2025).
• Filing timeliness: Form 4 was filed May 8, 2026, reporting the May 6 transaction; no late-filing notation was indicated.

Context This was a director compensation award (not an open‑market purchase or sale), a routine form of non-employee director pay. Such awards increase an insider’s holdings but do not by themselves indicate a decision to buy or sell stock in the open market.