Form 4: Altria Director George Munoz Reports Changes in Beneficial Ownership

Director George Munoz reports changes in beneficial ownership of Altria Group, Inc. stock, including transactions in common stock and phantom stock units.

Summary

• On February 14, 2025, Altria Group, Inc. Director George Munoz reported changes in his beneficial ownership of the company's securities.
• The report includes transactions related to both common stock and phantom stock units.
• Munoz directly owns 116,818 shares of Altria common stock.
• He also holds 22,685 phantom stock units, which convert to cash value on a 1-for-1 basis.
• 1,940 phantom stock units were settled in cash on February 14, 2025, at a price of $53.565 per unit.
• The phantom stock units are part of the Deferred Fee Plan for Non-Employee Directors and will be distributed in cash either before or after termination of service.
• The common stock holdings include deferred shares in the Stock Compensation Plan for Non-Employee Directors, with additional shares acquired through dividend reinvestments.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, reflecting standard insider trading disclosures. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The participant will receive distributions of phantom stock units in cash either prior to or following termination of service as a member of the issuer's board of directors, as elected by the participant.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates

Keywords

beneficial ownership, Altria, director, common stock, phantom stock units, Form 4, securities, dividend reinvestment, Deferred Fee Plan, Stock Compensation Plan