Trade Summary

3 days ago, Olczak Jacek, serving as Group CEO PMI at Philip Morris International Inc. (PM), sold 80,000 shares at $182.18 per share, for a total transaction value of $14,574,400.00. Following this transaction, Olczak Jacek now holds 632,344 shares of PM.

This sale represents a 11.00% decrease in Olczak Jacek's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, February 19, 2026 and publicly disclosed via SEC Form 4 filing on Friday, February 20, 2026, 1 day after the trade was made.

Philip Morris International Inc. operates in the CONSUMER DEFENSIVE sector, specifically within the TOBACCO industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.