Philip Morris International (PM) insider buying and selling
Every Table I transaction reported by directors and officers of S&P 500 companies on SEC Form 4 filings (2 business days to file): each row labeled with its official transaction code, nothing filtered out beforehand.
Open-market purchases (code P) are the rare signal, in green; sales (code S) are common and often pre-scheduled (10b5-1). Table II (derivatives) is not included: its prices are exercise prices, not market values. Guide: insider buying.
| Date | Ticker | Insider | Role | Shares | Price | Amount | % of stake | Type / filing |
|---|
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Philip Morris International Inc. (PM) insider buying and selling: no purchases, 6 sales
36 Form 4 Table I transactions filed with the SEC by Philip Morris International Inc. insiders between 2026-02-09 and 2026-05-08 (15-month history): 0 open-market purchases and 6 sales, plus 30 transactions under other Form 4 codes, broken down one by one below. The largest open-market trade is a sale of $14.6M by Olczak Jacek on 2026-02-19.
Philip Morris International insider buying and selling over the last 12 months
Between Oct 21, 2025 and Oct 20, 2026, Philip Morris International insiders filed 6 sales worth $28.8M on the open market, and no purchases.
The biggest seller was Olczak Jacek (Group CEO PMI): $14.6M in 1 sale, out of 6 different sellers.
The largest trade of the period was a sale of $14.6M on Feb 19, 2026, by Olczak Jacek (Group CEO PMI). Form 4 on sec.gov (0001628280-26-010179).
None of the 6 sales carries the 10b5-1 plan flag on the Form 4 (sales scheduled months ahead).
The latest sale from Feb 20, 2026.
Against its sector (Consumer Defensive, 33 companies with an insider page on this site), over the same dates the median is 5 sales and 1 purchase on the open market. Philip Morris International has more sales than 18 of the other 32, ranks 9 of 33 by net dollars sold, and 17 of the 33 have at least one purchase.
The 20 most important trades
With no open-market purchases, the table starts with PM's sales, largest first. The full history is in the tool above, already searched.
See all 36 PM trades in the full history →
| Trade date | Filed | Insider | Role | Amount | Code | Filing |
|---|---|---|---|---|---|---|
| 2026-02-19 | 2026-02-20 | Olczak Jacek | Group CEO PMI | $14.6M | S — Open-market sale3 Form 4 footnotesF3 Primarily represents the number of shares sold by the reporting person to cover annual Swiss tax obligations. F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.01 to $183.03, 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. F2 Includes 131,500 Restricted Share Units. | SEC |
| 2026-02-19 | 2026-02-20 | Babeau Emmanuel | Group Chief Financial Officer | $6.1M | S — Open-market sale3 Form 4 footnotesF3 Represents the number of shares sold by the reporting person to cover annual Swiss tax obligations. F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.04 to $182.07, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder thereof, 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. F2 Includes 42,800 Restricted Share Units. | SEC |
| 2026-02-19 | 2026-02-20 | De Wilde Frederic | CEO PMI International | $3.7M | S — Open-market sale2 Form 4 footnotesF3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.43 to $182.96, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder thereof, 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. F2 Includes 39,140 Restricted Share Units. | SEC |
| 2026-02-20 | 2026-02-20 | Kennedy Stacey | CEO PMI U.S. | $2.6M | S — Open-market sale2 Form 4 footnotesF3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.00 to $183.45, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder thereof, 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. F2 Includes 17,530 Restricted Share Units. | SEC |
| 2026-02-20 | 2026-02-20 | Dobrowolski Reginaldo | Group Controller | $1.1M | S — Open-market sale Indirect holding, through: Spouse 3 Form 4 footnotesF4 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. 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. | SEC |
| 2026-02-19 | 2026-02-20 | Guerin Yann | Group Chief Legal Officer | $727k | S — Open-market saleForm 4 footnoteF2 Includes 16,510 Restricted Share Units | SEC |
| 2026-02-06 | 2026-02-09 | Olczak Jacek | Group CEO PMI | $5.8M | A — Grant or award3 Form 4 footnotesF2 Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 21, 2029. F3 Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 6, 2026. F4 Includes 179,780 Restricted Share Units. | SEC |
| 2026-02-18 | 2026-02-20 | Calantzopoulos Andre | Director | $2.7M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Withholding of shares of Philip Morris International Inc. common stock to satisfy tax obligations in connection with the vesting of Performance Stock Units. | SEC |
| 2026-02-06 | 2026-02-09 | Babeau Emmanuel | Group Chief Financial Officer | $2.0M | A — Grant or award3 Form 4 footnotesF2 Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 21, 2029. F3 Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 6, 2026. F4 Includes 60,360 Restricted Share Units. | SEC |
| 2026-02-06 | 2026-02-09 | De Wilde Frederic | CEO PMI International | $1.8M | A — Grant or award3 Form 4 footnotesF2 Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 21, 2029 F3 Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 6, 2026. F4 Includes 47,010 Restricted Share Units. | SEC |
| 2026-02-18 | 2026-02-20 | Olczak Jacek | Group CEO PMI | $1.1M | F — Tax withholding (shares surrendered for taxes)2 Form 4 footnotesF1 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 131,500 Restricted Share Units. | SEC |
| 2026-02-06 | 2026-02-09 | Guerin Yann | Group Chief Legal Officer | $873k | A — Grant or award3 Form 4 footnotesF2 Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 21, 2029. F3 Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 6, 2026. F4 Includes 18,590 Restricted Share Units. | SEC |
| 2026-02-18 | 2026-02-20 | Kennedy Stacey | CEO PMI U.S. | $790k | F — Tax withholding (shares surrendered for taxes)2 Form 4 footnotesF1 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 17,530 Restricted Share Units. | SEC |
| 2026-02-06 | 2026-02-09 | Kennedy Stacey | CEO PMI U.S. | $766k | A — Grant or award3 Form 4 footnotesF2 Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 21, 2029 F3 Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 6, 2026. F4 Includes 22,600 Restricted Share Units. | SEC |
| 2026-02-06 | 2026-02-09 | Dobrowolski Reginaldo | Group Controller | $467k | A — Grant or award Indirect holding, through: Spouse 4 Form 4 footnotesF2 Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 21, 2029. F3 Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 6, 2026. F4 Includes 10,090 Restricted Share Units. F5 Spouse is an employee of Philip Morris International Inc. She holds 3,364 shares of the common stock of Philip Morris International Inc. outright with a bank or a broker and currently holds 4,930 Restricted Share Units. | SEC |
| 2026-02-18 | 2026-02-20 | Babeau Emmanuel | Group Chief Financial Officer | $407k | F — Tax withholding (shares surrendered for taxes)2 Form 4 footnotesF1 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 42,800 Restricted Share Units. | SEC |
| 2026-05-06 | 2026-05-08 | Yanai Shlomo | Director | $190k | A — Grant or award3 Form 4 footnotesF1 Shares awarded under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. F2 The average of the high and low price of Philip Morris International Inc. common stock on May 6, 2026. F3 Includes 8,281 deferred shares held in the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This is an increase of 1,361 deferred shares, reflecting the total of the 2026 stock award and 242 deferred shares acquired through the reinvestment of dividends since May 7, 2025, the date of the last reportable transaction. | SEC |
| 2026-05-06 | 2026-05-08 | Calantzopoulos Andre | Director | $190k | A — Grant or award2 Form 4 footnotesF1 Shares awarded under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. F2 The average of the high and low price of Philip Morris International Inc. common stock on May 6, 2026. | SEC |
| 2026-05-06 | 2026-05-08 | Hook Lisa | Director | $190k | A — Grant or award3 Form 4 footnotesF1 Shares awarded under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. F2 The average of the high and low price of Philip Morris International Inc. common stock on May 7, 2026. F3 Includes 20,020 deferred shares held in the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This is an increase of 1,757 deferred shares, reflecting the 2026 stock award and 638 deferred shares acquired through the reinvestment of dividends since May 6, 2025, the date of the last reportable transaction. | SEC |
| 2026-05-06 | 2026-05-08 | Bough Bonin | Director | $190k | A — Grant or award3 Form 4 footnotesF1 Shares awarded under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. F2 The average of the high and low price of Philip Morris International Inc. common stock on May 6, 2026. F3 Includes 11,296 deferred shares held in the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This is an increase of 1,463 deferred shares, reflecting the 2026 stock award and 344 deferred shares acquired through the reinvestment of dividends since May 7, 2025, the date of the last reportable transaction. | SEC |
The period balance: money in, money out
In the Form 4 filings submitted between Feb 9, 2026 and May 8, 2026 there is not one open-market purchase of Philip Morris International Inc.: 6 sales worth $28.8M and zero dollars bought.
Only codes P and S count, where an insider puts in or takes out their own money. A selling balance like Philip Morris International Inc.'s is the norm in the S&P 500, where much of the pay comes as stock. It is not a recommendation to buy or sell: it is what was filed.
Every transaction, code by code
| Code | What it means | Trades | Reported amount |
|---|---|---|---|
| A | Grant or award | 22 | $13.4M |
| F | Tax withholding (shares surrendered for taxes) | 8 | $5.3M |
| S | Open-market sale | 6 | $28.8M |
| Total | Everything filed in the period | 36 | $47.5M |
7 of the 36 rows carry no usable amount on the Form 4: they count as trades and add $0. The code labels come from the SEC index.
Who has traded
Over the 15 months of history, 15 distinct people or entities have filed Philip Morris International Inc. transactions: none bought on the open market and 6 sold. Counted by CIK, the fixed number the SEC gives each filer, and not by name, which each filer types their own way.
Of the 6 who sold on the open market (6 sales in all), the three biggest sellers account for $24.4M of the $28.8M: 85% of the money in three people.
| Filer | Role | Transactions | Bought (count) | Sold (count) | Last filed |
|---|---|---|---|---|---|
| Olczak Jacek | Group CEO PMI | 4 | — | $14.6M (1) | 2026-02-20 |
| Babeau Emmanuel | Group Chief Financial Officer | 4 | — | $6.1M (1) | 2026-02-20 |
| De Wilde Frederic | CEO PMI International | 4 | — | $3.7M (1) | 2026-02-20 |
| Kennedy Stacey | CEO PMI U.S. | 4 | — | $2.6M (1) | 2026-02-20 |
| Dobrowolski Reginaldo | Group Controller | 5 | — | $1.1M (1) | 2026-03-09 |
| Guerin Yann | Group Chief Legal Officer | 4 | — | $727k (1) | 2026-02-20 |
| Calantzopoulos Andre | Director | 3 | — | — | 2026-05-08 |
| Bough Bonin | Director | 1 | — | — | 2026-05-08 |
Shown here are the 8 who moved the most money, out of 15. The rest are in the full history, one link above. The name links to all their trades, in any company. "Transactions" counts any code; the money, open market only. Role: from their latest filing.
Month by month
By the month the trade was executed, not the month it was filed; months with no trades show zero. The busiest month was Feb 2026: 0 purchases and 6 sales, worth $28.8M. 14 of the 15 months have none.
| Month | Purchases | Amount | Sales | Amount |
|---|---|---|---|---|
| Aug 2025 | 0 | $0 | 0 | $0 |
| Sep 2025 | 0 | $0 | 0 | $0 |
| Oct 2025 | 0 | $0 | 0 | $0 |
| Nov 2025 | 0 | $0 | 0 | $0 |
| Dec 2025 | 0 | $0 | 0 | $0 |
| Jan 2026 | 0 | $0 | 0 | $0 |
| Feb 2026 | 0 | $0 | 6 | $28.8M |
| Mar 2026 | 0 | $0 | 0 | $0 |
| Apr 2026 | 0 | $0 | 0 | $0 |
| May 2026 | 0 | $0 | 0 | $0 |
| Jun 2026 | 0 | $0 | 0 | $0 |
| Jul 2026 | 0 | $0 | 0 | $0 |
| Aug 2026 | 0 | $0 | 0 | $0 |
| Sep 2026 | 0 | $0 | 0 | $0 |
| Oct 2026 | 0 | $0 | 0 | $0 |
The last month may be partial: a Form 4 is filed up to two business days later. The table does not say whether the pattern is good or bad; it says when it happened.
Philip Morris International Inc. (PM) analysis page →
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How to read this data
None of the 6 sales in the table is flagged as scheduled (10b5-1 plan), the kind signed months ahead and executed automatically. Philip Morris International has no open-market purchase (code P) in the history, the most common case in the S&P 500: insiders are already paid in stock. The latest filing is from May 8, 2026, and a Form 4 arrives up to two business days after the trade.
20 of the 20 rows in the table carry footnotes from the Form 4 itself, folded into the code column and copied verbatim; a row with no footnote means the filing has none.
Guide: Insider buying · all guides
What is behind these trades
The concepts on this page, explained from scratch in the Academy. Free, no account.
- What the efficiency hypothesis says and what it does NOT sayIf an insider's purchase is public and anyone can read it, is there any information left in it? That is the exact question that brings people here.
- Who really moves the market: the types of investorWho sits on the other side of each order, and where a company's own insiders fit among them.
- Supply, demand and price: why it rises and falls constantlyHow a piece of news ends up inside the price, and why the reaction to a filed sale is rarely the one you would expect.
Source: SEC EDGAR Form 4. This is a list of public facts, not financial advice or a recommendation to buy or sell.