Insider trade

CEO sold ~$14.6M of PM shares in the open market

Traded Feb 19, 2026 · Filed Feb 20, 2026

~$14.6M
Reported value · 80K sh @ $182.18: 632K
Holds after · shares reported: +2.5%
stock since the trade · S&P 500 +11.6%, $183.50 → $188.18 on Oct 1

Why it stands out

The boss of Philip Morris International sold $14.6M of Philip Morris International shares. It happened by itself, for taxes or pay.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Feb 19, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 20, 2026

CEO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$14,574,400

Shares × reported transaction price

Timing vs results

13 days after results of Feb 6, 2026, 62 days before results of Apr 22, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $183.50 on Feb 19, 2026, within 3% of its 52-week high, after an 18% rise over the previous 30 trading days

52-week range $144.33 (Oct 31, 2025) to $188.95 (Feb 12, 2026), 88% of the way up, from 251 adjusted closes. 30 trading days earlier: $155.16 on Jan 6, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references tax withholding

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.8%	+0.6%	-2.4%
30 days	-11.6%	-3.8%	-7.8%
90 days	-3.0%	+10.0%	-13.0%
180 days	+2.3%	+11.9%	-9.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001628280-26-010179
Filed / recorded: Feb 20, 2026, 9:01 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Philip Morris International Inc.
Issuer CIK: 1413329
Ticker: PM
Reporting person: Jacek Olczak
Relationship: Director, Officer
Officer title: Group CEO PMI
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 19, 2026
Transaction code: S
Shares / units: 80,000
Price per share: $182.18
Acquired / disposed: Disposed (D)
Shares owned after: 632,344
Ownership form: Direct
Amendment: No

Footnotes from the filing

Primarily represents the number of shares sold by the reporting person to cover annual Swiss tax obligations.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.01 to $183.03, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder of Philip Morris International Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Includes 131,500 Restricted Share Units.