Daniele Regorda

All filings by Daniele Regorda on record concern Philip Morris International Inc. We count 22 filings; the first trade dates from 28 March 2008 and the latest from 11 February 2011.

Market trades split into 4 purchases (€1.3M) and 6 sales (€782k). The net balance comes to €472k on the buying side. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Outside the open market, there are 6 share grants and 5 option exercises.

The median purchase comes to €313k. For 4 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 25% of cases, with a median move of -0.9%. This is a record of the past, not a forecast.

Most recently, on 15 February 2011, the filings show a share grant worth €15k in Philip Morris International Inc. The latest purchase dates back some time: it was published 6,724 days ago, on 12 June 2008. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.