Form 4: Altria Director Debra J. Kelly-Ennis Reports Acquisition of Common Stock
SEC Form 4
Director Debra J. Kelly-Ennis reports acquisition of 3,219 shares of Altria Group, Inc. common stock through a stock compensation plan.
Summary
- On May 15, 2025, Debra J. Kelly-Ennis, a director of Altria Group, Inc., acquired 3,219 shares of common stock under the company's 2015 Stock Compensation Plan for Non-Employee Directors.
- The shares were acquired at a price of $0.
- Following the transaction, Kelly-Ennis directly owns 72,297 shares of Altria common stock, which includes 69,078 deferred shares held in the Stock Compensation Plan.
- This total includes an increase of 5,163 shares acquired through the reinvestment of dividends since May 16, 2024.
- Kelly-Ennis also holds 29,214 phantom stock units, which convert to the cash value of Altria's common stock on a 1-for-1 basis and are distributable in cash either prior to or following termination of service as a director.
- This total includes 2,183 share equivalents acquired through the reinvestment of dividends since May 16, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, which is neither particularly positive nor negative.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements, but the ongoing stock compensation plan suggests continued equity-based compensation for non-employee directors.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.
Comparison to Industry Standards
- Stock compensation plans for non-employee directors are a common practice among publicly traded companies, including Altria's peers in the consumer staples sector such as Philip Morris International (PM) and British American Tobacco (BTI).
- The specific terms of Altria's plan, such as the number of shares awarded and the vesting schedule, would need to be compared to those of its peers to assess its relative generosity.
- Companies like Coca-Cola (KO) and Procter & Gamble (PG) also utilize stock compensation plans for their directors, and their filings could serve as benchmarks for comparison.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
- The stock compensation plan impacts employees by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| May 16, 2024 | Date of the last reportable transaction. |
| May 15, 2025 | Date of transaction: acquisition of common stock. |
| May 19, 2025 | Date of signature for the Form 4 filing. |
Keywords
Altria, Director, Stock Compensation Plan, Common Stock, Beneficial Ownership, Form 4, MO, Debra J. Kelly-Ennis
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