Form 4: Altria Director Connelly Acquires Deferred Stock

Director Marjorie Mary Connelly acquired 3,800 shares of Altria Group, Inc. deferred stock on May 16, 2024, under the company's stock compensation plan.

Summary

• On May 16, 2024, Marjorie Mary Connelly, a director of Altria Group, Inc., acquired 3,800 shares of common stock.
• The acquisition was made under the 2015 Stock Compensation Plan for Non-Employee Directors.
• The shares were acquired at a price of $0.
• Following the transaction, Connelly directly owns 12,059 shares of Altria common stock, which includes 699 shares acquired through dividend reinvestment since May 18, 2023.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence in the company, but it's a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

There is no specific future outlook provided in this document.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the holdings of key personnel.

Comparison to Industry Standards

• Director stock ownership is a common practice among publicly traded companies like Altria.
• Stock compensation plans are frequently used to align the interests of directors with those of shareholders.
• Companies like Philip Morris International and British American Tobacco also have similar stock ownership and compensation structures for their directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.
• There is no significant impact on employees, customers, suppliers, or creditors.

Key Dates