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Philip Morris (PM) officer reports 22-share tax-withholding disposition in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Philip Morris International Inc. executive Reginaldo Dobrowolski reported a small insider transaction related to tax withholding. On March 6, 22 shares of Common Stock were disposed of at $169.98 per share to cover tax obligations from the vesting of Restricted Share Units.

These 22 shares are held indirectly through his spouse, who is an employee of Philip Morris International Inc. After this indirect tax-withholding disposition, 7,232 shares are reported as indirectly owned. Separately, 21,182 shares are reported as directly owned, which includes 7,630 Restricted Share Units.

Positive

  • None.

Negative

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Insider Dobrowolski Reginaldo
Role Group Controller
Type Security Shares Price Value
Tax Withholding Common Stock 22 $169.98 $4K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 7,232 shares (Indirect, Spouse); Common Stock — 21,182 shares (Direct)
Footnotes (1)
  1. Withholding of shares of Philip Morris International Inc. common stock to satisfy tax obligations in connection with the vesting of Restricted Share Units. Spouse is an employee of Philip Morris International Inc. She holds 4,082 shares of the common stock of Philip Morris International Inc. outright with a bank or a broker, and currently holds 3,150 Restricted Share Units. Includes 7,630 Restricted Share Units.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dobrowolski Reginaldo

(Last) (First) (Middle)
677 WASHINGTON BLVD

(Street)
STAMFORD CT 06901

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Philip Morris International Inc. [ PM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Group Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2026 F 22(1) D $169.98 7,232(2) I Spouse
Common Stock 21,182(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Withholding of shares of Philip Morris International Inc. common stock to satisfy tax obligations in connection with the vesting of Restricted Share Units.
2. Spouse is an employee of Philip Morris International Inc. She holds 4,082 shares of the common stock of Philip Morris International Inc. outright with a bank or a broker, and currently holds 3,150 Restricted Share Units.
3. Includes 7,630 Restricted Share Units.
Remarks:
/s/ Darlene Quashie Henry, Attorney-In-Fact 03/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Reginaldo Dobrowolski report at Philip Morris (PM)?

Reginaldo Dobrowolski reported a small insider transaction involving 22 Philip Morris shares disposed at $169.98 each. The shares were withheld to satisfy tax obligations arising from the vesting of Restricted Share Units, rather than an open-market sale for investment purposes.

Was the Form 4 transaction for Philip Morris (PM) an open-market sale?

The transaction was not an open-market sale. It was a tax-withholding disposition, where 22 shares were delivered to cover tax obligations from Restricted Share Unit vesting, as described in the footnotes, rather than a discretionary sale initiated on the market.

How many Philip Morris (PM) shares does Dobrowolski report owning after the transaction?

After the reported transaction, Reginaldo Dobrowolski reports 7,232 shares held indirectly and 21,182 shares held directly. The direct holding figure includes 7,630 Restricted Share Units, according to the ownership details provided in the footnotes.

How is Dobrowolski’s spouse involved in the Philip Morris (PM) holdings?

Dobrowolski’s spouse is a Philip Morris employee and holds shares in her own name. The footnotes state she owns 4,082 shares of common stock outright with a bank or broker and currently holds 3,150 Restricted Share Units granted by the company.

What does the tax-withholding footnote mean for Philip Morris (PM) investors?

The tax-withholding footnote explains that 22 Philip Morris shares were withheld to pay taxes on vesting Restricted Share Units. This is a routine administrative mechanism for equity compensation, indicating settlement of tax obligations rather than a discretionary sell decision by the executive.

What are Restricted Share Units mentioned in the Philip Morris (PM) Form 4?

Restricted Share Units are share-based awards that vest over time, granting shares once conditions are met. The filing notes Dobrowolski’s direct holdings include 7,630 RSUs, while his spouse currently holds 3,150 RSUs, reflecting part of their equity compensation from Philip Morris.