Philip Morris International insider activity
What the executives and directors of Philip Morris International actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$29M
net open-market flow, 12 m
0 open-market buys, 12 m
0%
of sale value on 10b5-1 plans, 12 m
2,670 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 94 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| May 6, 2026 | Calantzopoulos Andre | 1,119 |
| May 6, 2026 | Hook Lisa | 1,119 |
| May 6, 2026 | Harker Victoria D | 1,119 |
| May 6, 2026 | Geissler Werner | 1,119 |
| May 6, 2026 | Polet Robert | 1,119 |
| May 6, 2026 | Morparia Kalpana | 1,119 |
| May 6, 2026 | Yanai Shlomo | 1,119 |
| May 6, 2026 | Combes Michel | 1,119 |
| May 6, 2026 | Bough Bonin | 1,119 |
| Mar 6, 2026 | Dobrowolski Reginaldo | 22 |
| Feb 18, 2026 | Calantzopoulos Andre | 15K |
| Feb 18, 2026 | Olczak Jacek | 6,121 |
| Feb 18, 2026 | De Wilde Frederic | 1,000 |
| Feb 18, 2026 | Kennedy Stacey | 4,324 |
| Feb 18, 2026 | Babeau Emmanuel | 2,228 |
| Feb 18, 2026 | Dobrowolski Reginaldo | 250 |
| Feb 18, 2026 | Guerin Yann | 176 |
| Feb 6, 2026 | Olczak Jacek | 171K |
| Feb 6, 2026 | De Wilde Frederic | 33K |
| Feb 6, 2026 | Kennedy Stacey | 16K |
| Feb 6, 2026 | Babeau Emmanuel | 61K |
| Feb 6, 2026 | Dobrowolski Reginaldo | 6,538 |
| Feb 6, 2026 | Guerin Yann | 8,280 |
| Feb 5, 2026 | Calantzopoulos Andre | 40K |
| May 7, 2025 | Calantzopoulos Andre | 1,002 |
| May 7, 2025 | Hook Lisa | 1,002 |
| May 7, 2025 | Harker Victoria D | 1,002 |
| May 7, 2025 | Geissler Werner | 1,002 |
| May 7, 2025 | Polet Robert | 1,002 |
| May 7, 2025 | Morparia Kalpana | 1,002 |
| May 7, 2025 | Yanai Shlomo | 1,002 |
| May 7, 2025 | Combes Michel | 1,002 |
| May 7, 2025 | Bough Bonin | 1,002 |
| May 7, 2025 | Temperley Dessislava | 1,002 |
| Feb 19, 2025 | Calantzopoulos Andre | 24K |
| Feb 19, 2025 | Olczak Jacek | 4,433 |
| Feb 19, 2025 | De Wilde Frederic | 7,475 |
| Feb 19, 2025 | Barth Werner | 791 |
| Feb 19, 2025 | Kennedy Stacey | 4,420 |
| Feb 19, 2025 | Andolina Massimo | 823 |
| Feb 19, 2025 | Volpetti Stefano | 1,502 |
| Feb 19, 2025 | Babeau Emmanuel | 14K |
| Feb 19, 2025 | Dobrowolski Reginaldo | 247 |
| Feb 19, 2025 | Dahlgren Lars | 6,925 |
| Feb 19, 2025 | Guerin Yann | 193 |
| Feb 19, 2025 | Gkatzelis Vasileios | 1,109 |
| Feb 6, 2025 | Olczak Jacek | 132K |
| Feb 6, 2025 | De Wilde Frederic | 30K |
| Feb 6, 2025 | Barth Werner | 22K |
| Feb 6, 2025 | Kennedy Stacey | 16K |
| Feb 6, 2025 | Andolina Massimo | 23K |
| Feb 6, 2025 | Volpetti Stefano | 27K |
| Feb 6, 2025 | Babeau Emmanuel | 54K |
| Feb 6, 2025 | Dobrowolski Reginaldo | 6,310 |
| Feb 6, 2025 | Guerin Yann | 9,293 |
| Feb 6, 2025 | Gkatzelis Vasileios | 6,400 |
| Feb 5, 2025 | Calantzopoulos Andre | 64K |
| Feb 5, 2025 | Dahlgren Lars | 8,653 |
| Nov 7, 2024 | Calantzopoulos Andre | 797K |
| May 8, 2024 | Calantzopoulos Andre | 4,731 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 347K |
| Withheld for tax | 29K |
| Discretionary sales | 158K |
| Kept | 160K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Calantzopoulos Andre | 906K | 589K | 65 |
| Olczak Jacek | 333K | 632K | 189.8 |
| Babeau Emmanuel | 110K | 164K | 149.9 |
| De Wilde Frederic | 194K | 134K | 68.9 |
Who holds what
the 14 largest holdings of 23| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Calantzopoulos Andre Last trade Feb 20, 2025 | Director | 987K | – | – | Feb 20, 2025 | |
| Olczak Jacek Group CEO PMI Last trade Feb 19, 2026 | CEO | 632K | – | $15M | net selling over the year: 0 months buying, 1 month selling | Feb 19, 2026 |
| Babeau Emmanuel Group Chief Financial Officer Last trade Feb 19, 2026 | CFO | 164K | – | $6.1M | net selling over the year: 0 months buying, 1 month selling | Feb 19, 2026 |
| De Wilde Frederic CEO PMI International Last trade Feb 19, 2026 | CEO | 134K | – | $3.7M | net selling over the year: 0 months buying, 1 month selling | Feb 19, 2026 |
| Volpetti Stefano Pr.SmokeFree&ChiefCons.Officer Last trade Oct 31, 2024 | Officer | 117K | – | – | Oct 31, 2024 | |
| Barth Werner Pr.Combusibles&GlobalComb.Mktg Last trade Feb 20, 2025 | Officer | 106K | – | – | Feb 20, 2025 | |
| Geissler Werner Last trade May 11, 2018 | Director | 98K | – | – | May 11, 2018 | |
| Andolina Massimo President, Europe Region Last trade Feb 24, 2025 | Officer | 87K | – | – | Feb 24, 2025 | |
| Riley Paul Pr East Asia, Australia & DF Last trade May 25, 2021 | Officer | 59K | – | – | May 25, 2021 | |
| Kennedy Stacey CEO PMI U.S. Last trade Feb 20, 2026 | CEO | 45K | – | $2.6M | net selling over the year: 0 months buying, 1 month selling | Feb 20, 2026 |
| Guerin Yann Group Chief Legal Officer Last trade Feb 19, 2026 | Officer | 34K | – | $727K | net selling over the year: 0 months buying, 1 month selling | Feb 19, 2026 |
| Polet Robert Last trade Jul 23, 2013 | Director | 30K | – | – | Jul 23, 2013 | |
| Dobrowolski Reginaldo Group Controller Last trade Feb 20, 2026 | Officer | 28K | – | $1.1M | net selling over the year: 0 months buying, 1 month selling | Feb 20, 2026 |
| Morparia Kalpana | Director | 28K | – | – | – |
Open-market trade log
the 60 most recent of 387| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Feb 20, 2026 | Kennedy Stacey (CEO) 14K shares $183.13 −0.3% since trade filed Feb 20, 2026 | Discretionary sale | 14K | $183.13 | $2.6M | −0.3% | Feb 20, 2026 |
| Feb 20, 2026 | Dobrowolski Reginaldo (Officer) 1,000 shares $183.58 −0.5% since trade filed Feb 20, 2026 | Discretionary sale | 1,000 | $183.58 | $184K | −0.5% | Feb 20, 2026 |
| Feb 20, 2026 | Dobrowolski Reginaldo (Officer) 5,000 shares $183.46 −0.5% since trade filed Feb 20, 2026 | Discretionary sale | 5,000 | $183.46 | $917K | −0.5% | Feb 20, 2026 |
| Feb 19, 2026 | Olczak Jacek (CEO) 80K shares $182.18 +0.2% since trade filed Feb 20, 2026 | Discretionary sale | 80K | $182.18 | $15M | +0.2% | Feb 20, 2026 |
| Feb 19, 2026 | De Wilde Frederic (CEO) 20K shares $182.58 +0.0% since trade filed Feb 20, 2026 | Discretionary sale | 20K | $182.58 | $3.7M | +0.0% | Feb 20, 2026 |
| Feb 19, 2026 | Babeau Emmanuel (CFO) 34K shares $181.61 +0.5% since trade filed Feb 20, 2026 | Discretionary sale | 34K | $181.61 | $6.1M | +0.5% | Feb 20, 2026 |
| Feb 19, 2026 | Guerin Yann (Officer) 4,000 shares $181.69 +0.5% since trade filed Feb 20, 2026 | Discretionary sale | 4,000 | $181.69 | $727K | +0.5% | Feb 20, 2026 |
| Mar 6, 2025 | Dahlgren Lars (Officer) 3,679 shares $152.96 +19.4% since trade filed Mar 7, 2025 | Discretionary sale | 3,679 | $152.96 | $563K | +19.4% | Mar 7, 2025 |
| Feb 24, 2025 | Andolina Massimo (Officer) 18K shares $156.05 +17.0% since trade filed Feb 25, 2025 | Discretionary sale | 18K | $156.05 | $2.7M | +17.0% | Feb 25, 2025 |
| Feb 20, 2025 | Calantzopoulos Andre (Director) 41K shares $149.06 +22.5% since trade filed Feb 21, 2025 | Discretionary sale | 41K | $149.06 | $6.1M | +22.5% | Feb 21, 2025 |
| Feb 20, 2025 | Olczak Jacek (CEO) 40K shares $148.87 +22.6% since trade filed Feb 21, 2025 | Discretionary sale | 40K | $148.87 | $6.0M | +22.6% | Feb 21, 2025 |
| Feb 20, 2025 | Barth Werner (Officer) 10K shares $148.67 +22.8% since trade filed Feb 21, 2025 | Discretionary sale | 10K | $148.67 | $1.5M | +22.8% | Feb 21, 2025 |
| Feb 20, 2025 | Babeau Emmanuel (CFO) 30K shares $148.85 +22.7% since trade filed Feb 21, 2025 | Discretionary sale | 30K | $148.85 | $4.5M | +22.7% | Feb 21, 2025 |
| Feb 20, 2025 | Guerin Yann (Officer) 2,500 shares $151.28 +20.7% since trade filed Feb 21, 2025 | Discretionary sale | 2,500 | $151.28 | $378K | +20.7% | Feb 21, 2025 |
| Feb 12, 2025 | Dobrowolski Reginaldo (Officer) 3,000 shares $149.41 +22.2% since trade filed Feb 13, 2025 | Discretionary sale | 3,000 | $149.41 | $448K | +22.2% | Feb 13, 2025 |
| Feb 12, 2025 | Dobrowolski Reginaldo (Officer) 5,000 shares $149.88 +21.8% since trade filed Feb 13, 2025 | Discretionary sale | 5,000 | $149.88 | $749K | +21.8% | Feb 13, 2025 |
| Feb 7, 2025 | De Wilde Frederic (Officer) 15K shares $144.54 +26.3% since trade filed Feb 7, 2025 | Discretionary sale | 15K | $144.54 | $2.2M | +26.3% | Feb 7, 2025 |
| Oct 31, 2024 | Volpetti Stefano (Officer) 10K shares $132.48 +37.8% since trade filed Nov 1, 2024 | Discretionary sale | 10K | $132.48 | $1.3M | +37.8% | Nov 1, 2024 |
| Oct 23, 2024 | Calantzopoulos Andre (Director) 102K shares $129.85 +40.6% since trade filed Oct 25, 2024 | Discretionary sale | 102K | $129.85 | $13M | +40.6% | Oct 25, 2024 |
| Oct 23, 2024 | De Wilde Frederic (Officer) 25K shares $130.96 +39.4% since trade filed Oct 25, 2024 | Discretionary sale | 25K | $130.96 | $3.3M | +39.4% | Oct 25, 2024 |
| Oct 23, 2024 | Barth Werner (Officer) 7,500 shares $129.98 +40.5% since trade filed Oct 25, 2024 | Discretionary sale | 7,500 | $129.98 | $975K | +40.5% | Oct 25, 2024 |
| Aug 22, 2024 | De Wilde Frederic (Officer) 20K shares $119.30 +53.0% since trade filed Aug 23, 2024 | Discretionary sale | 20K | $119.30 | $2.4M | +53.0% | Aug 23, 2024 |
| Aug 8, 2024 | Andolina Massimo (Officer) 9,000 shares $115.35 +58.3% since trade filed Aug 12, 2024 | Discretionary sale | 9,000 | $115.35 | $1.0M | +58.3% | Aug 12, 2024 |
| Jul 25, 2024 | De Wilde Frederic (Officer) 20K shares $113.01 +61.6% since trade filed Jul 29, 2024 | Discretionary sale | 20K | $113.01 | $2.3M | +61.6% | Jul 29, 2024 |
| Apr 25, 2024 | De Wilde Frederic (Officer) 20K shares $96.42 +89.4% since trade filed Apr 26, 2024 | Discretionary sale | 20K | $96.42 | $1.9M | +89.4% | Apr 26, 2024 |
| Mar 15, 2024 | Andolina Massimo (Officer) 8,250 shares $93.63 +95.0% since trade filed Mar 19, 2024 | Discretionary sale | 8,250 | $93.63 | $772K | +95.0% | Mar 19, 2024 |
| Mar 7, 2024 | Barth Werner (Officer) 5,000 shares $91.46 +99.6% since trade filed Mar 11, 2024 | Discretionary sale | 5,000 | $91.46 | $457K | +99.6% | Mar 11, 2024 |
| Mar 5, 2024 | Dobrowolski Reginaldo (Officer) 2,000 shares $90.69 +101.3% since trade filed Mar 11, 2024 late | Discretionary sale | 2,000 | $90.69 | $181K | +101.3% | Mar 11, 2024 late |
| Feb 22, 2024 | Calantzopoulos Andre (Officer) 95K shares $90.23 +102.4% since trade filed Feb 23, 2024 | Discretionary sale | 95K | $90.23 | $8.6M | +102.4% | Feb 23, 2024 |
| Feb 22, 2024 | Olczak Jacek (CEO) 25K shares $90.27 +102.3% since trade filed Feb 23, 2024 | Discretionary sale | 25K | $90.27 | $2.3M | +102.3% | Feb 23, 2024 |
| Feb 22, 2024 | Babeau Emmanuel (CFO) 15K shares $90.38 +102.0% since trade filed Feb 23, 2024 | Discretionary sale | 15K | $90.38 | $1.4M | +102.0% | Feb 23, 2024 |
| Feb 22, 2024 | Dobrowolski Reginaldo (Officer) 3,995 shares $90.33 +102.1% since trade filed Feb 23, 2024 | Discretionary sale | 3,995 | $90.33 | $361K | +102.1% | Feb 23, 2024 |
| Feb 22, 2024 | Guerin Yann (Officer) 2,420 shares $90.03 +102.8% since trade filed Feb 23, 2024 | Discretionary sale | 2,420 | $90.03 | $218K | +102.8% | Feb 23, 2024 |
| Nov 28, 2023 | De Wilde Frederic (Officer) 10K shares $94.25 +93.7% since trade filed Nov 30, 2023 | Discretionary sale | 10K | $94.25 | $943K | +93.7% | Nov 30, 2023 |
| Mar 2, 2023 | Barth Werner (Officer) 8,000 shares $98.35 +85.6% since trade filed Mar 6, 2023 | Discretionary sale | 8,000 | $98.35 | $787K | +85.6% | Mar 6, 2023 |
| Feb 17, 2023 | Calantzopoulos Andre (Officer) 80K shares $100.35 +81.9% since trade filed Feb 22, 2023 | Discretionary sale | 80K | $100.35 | $8.0M | +81.9% | Feb 22, 2023 |
| Feb 17, 2023 | Olczak Jacek (CEO) 45K shares $100.64 +81.4% since trade filed Feb 22, 2023 | Discretionary sale | 45K | $100.64 | $4.5M | +81.4% | Feb 22, 2023 |
| Feb 17, 2023 | Kennedy Stacey (Officer) 20K shares $100.30 +82.0% since trade filed Feb 22, 2023 | Discretionary sale | 20K | $100.30 | $2.0M | +82.0% | Feb 22, 2023 |
| Feb 10, 2023 | Kennedy Stacey (Officer) 8,756 shares $101.31 +80.2% since trade filed Feb 14, 2023 | Discretionary sale | 8,756 | $101.31 | $887K | +80.2% | Feb 14, 2023 |
| Feb 22, 2022 | De Wilde Frederic (Officer) 30K shares $108.49 +68.3% since trade filed Feb 23, 2022 | Discretionary sale | 30K | $108.49 | $3.2M | +68.3% | Feb 23, 2022 |
| Feb 18, 2022 | Barth Werner (Officer) 12K shares $111.70 +63.5% since trade filed Feb 18, 2022 | Discretionary sale | 12K | $111.70 | $1.3M | +63.5% | Feb 18, 2022 |
| Feb 17, 2022 | CALANTZOPOULOS ANDRE (Officer) 75K shares $110.69 +65.0% since trade filed Feb 18, 2022 | Discretionary sale | 75K | $110.69 | $8.3M | +65.0% | Feb 18, 2022 |
| Feb 17, 2022 | Olczak Jacek (CEO) 40K shares $111.31 +64.0% since trade filed Feb 18, 2022 | Discretionary sale | 40K | $111.31 | $4.5M | +64.0% | Feb 18, 2022 |
| Jul 27, 2021 | King Martin G. (CEO) 22K shares $100.18 filed Jul 28, 2021 | Discretionary sale | 22K | $100.18 | $2.2M | – | Jul 28, 2021 |
| May 25, 2021 | Azinovic Drago (Officer) 15K shares $98.04 filed May 27, 2021 | Discretionary sale | 15K | $98.04 | $1.5M | – | May 27, 2021 |
| May 25, 2021 | Riley Paul (Officer) 11K shares $98.04 filed May 27, 2021 | Discretionary sale | 11K | $98.04 | $1.1M | – | May 27, 2021 |
| May 24, 2021 | De Wilde Frederic (Officer) 10K shares $97.76 filed May 26, 2021 | Discretionary sale | 10K | $97.76 | $978K | – | May 26, 2021 |
| May 10, 2021 | Masseroli Mario (Officer) 1,734 shares $98.31 filed May 12, 2021 | Discretionary sale | 1,734 | $98.31 | $170K | – | May 12, 2021 |
| Apr 27, 2021 | King Martin G. (CEO) 21K shares $94.51 filed Apr 29, 2021 | Discretionary sale | 21K | $94.51 | $2.0M | – | Apr 29, 2021 |
| Apr 21, 2021 | Kennedy Stacey (Officer) 11K shares $94.28 filed Apr 23, 2021 | Discretionary sale | 11K | $94.28 | $997K | – | Apr 23, 2021 |
| Feb 25, 2021 | Bendotti Charles (Officer) 3,495 shares $87.00 filed Mar 1, 2021 | Discretionary sale | 3,495 | $87.00 | $304K | – | Mar 1, 2021 |
| Feb 25, 2021 | Bendotti Charles (Officer) 16K shares $87.00 filed Mar 1, 2021 | Discretionary sale | 16K | $87.00 | $1.4M | – | Mar 1, 2021 |
| Feb 19, 2021 | CALANTZOPOULOS ANDRE (CEO) 40K shares $86.37 filed Feb 23, 2021 | Discretionary sale | 40K | $86.37 | $3.5M | – | Feb 23, 2021 |
| Feb 8, 2021 | Masseroli Mario (Officer) 2,000 shares $85.05 filed Feb 10, 2021 | Discretionary sale | 2,000 | $85.05 | $170K | – | Feb 10, 2021 |
| Feb 5, 2021 | Salzman Marian (Officer) 2,000 shares $84.39 filed Feb 8, 2021 | Discretionary sale | 2,000 | $84.39 | $169K | – | Feb 8, 2021 |
| Aug 31, 2020 | Masseroli Mario (Officer) 1,500 shares $80.10 filed Sep 2, 2020 | Discretionary sale | 1,500 | $80.10 | $120K | – | Sep 2, 2020 |
| Aug 21, 2020 | CAMILLERI LOUIS C (Director) 38K shares $77.50 filed Aug 24, 2020 | Discretionary sale | 38K | $77.50 | $2.9M | – | Aug 24, 2020 |
| Aug 20, 2020 | CAMILLERI LOUIS C (Director) 38K shares $77.97 filed Aug 24, 2020 | Discretionary sale | 38K | $77.97 | $2.9M | – | Aug 24, 2020 |
| Aug 10, 2020 | FIRESTONE MARC S (Officer) 17K shares $77.99 filed Aug 12, 2020 | Discretionary sale | 17K | $77.99 | $1.3M | – | Aug 12, 2020 |
| Feb 26, 2020 | FIRESTONE MARC S (Officer) 22K shares $86.27 filed Feb 28, 2020 | Discretionary sale | 22K | $86.27 | $1.9M | – | Feb 28, 2020 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
118 Forms 4, 3 years
1 filed late
1 amendments
1.9 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.