Form 4: Altria CEO William F. Gifford, Jr. Reports Acquisition of Restricted Stock Units

Altria Group CEO William F. Gifford, Jr. reports the acquisition of 84,433 shares of common stock in the form of Restricted Stock Units.

Summary

• William F. Gifford, Jr., CEO of Altria Group, Inc., filed a Form 4 on February 28, 2025.
• The report details changes in his beneficial ownership of Altria securities.
• On February 26, 2025, Gifford acquired 84,433 shares of Altria common stock in the form of Restricted Stock Units (RSUs).
• These RSUs were awarded in accordance with Altria's equity compensation plans.
• Following the transaction, Gifford directly owns 701,910 shares of Altria common stock, which includes 373,398 Restricted Stock Units.
• He also indirectly owns 1,747 shares through the Altria Deferred Profit-Sharing Plan.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing indicating insider transactions, which is generally neutral to slightly positive as it reflects management's continued investment in the company.

Positives

• The acquisition of Restricted Stock Units by the CEO aligns his interests with those of the shareholders.
• The equity compensation plans incentivize the CEO to improve the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by the CEO can be viewed positively by shareholders as it aligns management's interests with theirs.

Key Dates