Form 4: Altria Director George Munoz Reports Acquisition of Shares Through Stock Compensation Plan

Director George Munoz reports acquiring 3,219 shares of Altria Group, Inc. common stock through a deferred stock award, increasing his total holdings to 120,721 shares.

Summary

• On May 15, 2025, George Munoz, a director of Altria Group, Inc., acquired 3,219 shares of common stock through a deferred stock award under the 2015 Stock Compensation Plan for Non-Employee Directors.
• The acquisition price was $0 per share.
• Following the transaction, Munoz directly owns 120,721 shares of Altria common stock.
• This total includes 28,334 deferred shares held in the Stock Compensation Plan, which includes reinvested dividends.
• Munoz also holds 23,077 phantom stock units, convertible to cash, and share equivalents in the Deferred Fee Plan, also including reinvested dividends.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, indicating confidence in the company's future. However, it's a routine transaction.

Positives

• The acquisition of shares by a director signals confidence in the company.
• The stock compensation plan aligns director interests with shareholder value.
• Reinvestment of dividends demonstrates a long-term investment perspective.

Future Outlook

The document does not contain specific forward-looking statements, but the director's continued participation in stock compensation plans suggests an ongoing commitment to the company.

Industry Context

Director share acquisitions are common in publicly traded companies and are often seen as a positive sign, aligning management's interests with those of shareholders. This filing is a routine disclosure required by the SEC.

Comparison to Industry Standards

• Stock compensation plans for non-employee directors are a standard practice among publicly traded companies, including Altria's peers in the consumer staples sector.
• Companies like Philip Morris International and British American Tobacco also utilize similar compensation structures to incentivize and retain board members.
• The number of shares and phantom stock units held by Mr. Munoz is within a typical range for directors of companies of Altria's size and market capitalization.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.
• There is no significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Altria, Director, Stock Compensation, Beneficial Ownership, Form 4, Munoz, Deferred Stock, Dividends