Form 4: Altria Director Virginia E. Shanks Reports Acquisition of Deferred Stock

Virginia E. Shanks, a director of Altria Group, Inc., reported the acquisition of 3,800 shares of deferred stock under the company's 2015 Stock Compensation Plan for Non-Employee Directors on May 16, 2024.

Summary

• On May 16, 2024, Virginia E. Shanks, a director of Altria Group, Inc., acquired 3,800 shares of common stock.
• The acquisition was made under the 2015 Stock Compensation Plan for Non-Employee Directors.
• The price of the acquired shares was $0.
• Following the transaction, Shanks beneficially owns 37,151 shares of Altria Group, Inc.
• This includes 12,509 deferred shares held in the Stock Compensation Plan, with 699 shares acquired through dividend reinvestment since May 18, 2023.
• It also includes 2,109 shares acquired through dividend reinvestment in an investment account since May 18, 2023.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating a director's stock acquisition, which is neither overtly positive nor negative.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.
• The dividend reinvestment indicates a long-term investment strategy by the director.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The details provided are consistent with SEC regulations and reporting requirements.
• Similar filings are made by directors and officers of comparable companies like Philip Morris International and British American Tobacco.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding insider transactions.

Key Dates