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May 15, 2012
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| 05:07 EDT |  | PM |
| theflyonthewall.com: | Philip Morris CEO sold $6M worth of stock, Barron's reports | | On May 11 Philip Morris' (PM) Chairman and CEO, Louis S. Camilleri, sold 70,000 shares of the company for $5,994,800, an average of $85.63 each. Camilleri's current direct holdings represent a stake of less than 1%. This is Camilleri's first transaction since Sept. 24, 2010, when he exercised options and sold 241,500 shares of the tobacco giant for $13.6M, an average of $56.12 each. Reference Link :theflyonthewall.com |
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