Form 4: Altria Director Kathryn B. McQuade Reports Acquisition of Common Stock
SEC Form 4 Filing
Kathryn B. McQuade, a director of Altria Group, Inc., reported the acquisition of 5,828 shares of common stock on May 15, 2025, along with adjustments to holdings in deferred stock and phantom stock units.
Summary
- On May 15, 2025, Kathryn B. McQuade, a director of Altria Group, Inc., acquired 5,828 shares of common stock.
- The acquisition was made under the 2015 Stock Compensation Plan for Non-Employee Directors.
- Following the transaction, McQuade directly owns 100,489 shares of Altria common stock.
- This includes 97,405 deferred shares held in the Stock Compensation Plan for Non-Employee Directors, with an increase of 6,844 shares acquired through reinvestment of dividends since May 16, 2024.
- McQuade also holds 9,777 phantom stock units, representing share equivalents in the Deferred Fee Plan for Non-Employee Directors, including 731 share equivalents acquired through reinvestment of dividends since May 16, 2024.
- The phantom stock units convert to the cash value of Altria's common stock on a 1-for-1 basis and will be distributed in cash either prior to or following termination of service as a director, as elected by the participant.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of the last reportable transaction before this filing. |
| 05/15/2025 | Date of the transaction: acquisition of common stock. |
| 05/19/2025 | Date of the signature on the Form 4 filing. |
Keywords
Altria, Director, Stock Acquisition, Common Stock, Form 4, Kathryn B. McQuade, Insider Trading, Deferred Stock, Phantom Stock Units, Dividend Reinvestment
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