Form 4: Altria Director Debra J. Kelly-Ennis Reports Acquisition of 3,800 Shares

Director Debra J. Kelly-Ennis reports acquiring 3,800 shares of Altria Group, Inc. common stock through a deferred stock award.

Summary

• On May 16, 2024, Debra J. Kelly-Ennis, a director of Altria Group, Inc., acquired 3,800 shares of common stock.
• The acquisition was a deferred stock award under the 2015 Stock Compensation Plan for Non-Employee Directors.
• The price per share was $0.
• Following the transaction, Kelly-Ennis directly owns 63,915 shares of Altria common stock.
• This total includes an increase of 5,087 shares acquired through the reinvestment of dividends since May 18, 2023.
• Kelly-Ennis also holds 27,031 phantom stock units and 2,288 share equivalents acquired through the reinvestment of dividends since May 18, 2023.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director's increased stake could be seen as mildly positive, but it's not a major event.

Positives

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

Industry Context

This filing is a routine disclosure of a director's stock ownership changes, which is common in publicly traded companies. It provides transparency to investors regarding the alignment of interests between management and shareholders.

Comparison to Industry Standards

• Director stock ownership is a common practice in publicly traded companies like Altria.
• Companies such as Philip Morris International (PM) and British American Tobacco (BTI) also have similar stock compensation plans for their directors.
• The reporting requirements under Section 16(a) of the Securities Exchange Act of 1934 are standard across the industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a director.

Key Dates