Trade Summary
3 days ago, De Wilde Frederic, serving as CEO PMI International at Philip Morris International Inc. (PM), sold 20,000 shares at $182.58 per share, for a total transaction value of $3,651,600.00. Following this transaction, De Wilde Frederic now holds 133,513 shares of PM.
This sale represents a 13.00% decrease in De Wilde Frederic'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.