Insider Trends: Philip Morris International Insider Granted Stock Award Retains Shares, Interrupts 90-Day Selling Trend
04:28 PM EDT, 05/07/2021 (MT Newswires) -- Werner Geissler, Director, received a stock award of 1,839 Philip Morris International (PM) shares May 05, 2021 which had an approximate daily closing price value of $178,052. Geissler, after the transactions delineated in the SEC Form 4 filing, owns 73,888 shares of company stock, which have a market value of $7.15 million as of the prior-day closing price.
During the most recent 90-day period, previous to the date of this filing, there have been 23 insider transactions reported to the SEC for Philip Morris International. These transactions came from the activities of 19 individual insiders that resulted in a net disposition of 90,008 company shares. In the preceding 90-day window of time, there were 30 transactions from 28 insiders that resulted in the net acquisition of 374,773 shares.
This level of insider transactions is less than the peer group average in the 9-company Tobacco peer group over the last 90-day period. Activity in the peer group averaged 78.3 transactions per company, and disposition of 149,994 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1413329/000118248921000095/xslF345X03/edgar.xml
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