Form 4: Altria Executive Heather Newman Reports Stock Transactions
SEC Form 4 Filing
Heather Newman, SVP, Ch.Strategy & Growth Off at Altria Group, reports acquisition of shares through vesting of performance stock units and disposition of shares to cover tax obligations.
Summary
- On February 27, 2025, Heather Newman, SVP, Ch.Strategy & Growth Off at Altria Group, acquired 10,430 shares of common stock upon vesting of Performance Stock Units.
- She also disposed of 9,720 shares to satisfy tax obligations related to the vesting of Performance Stock Units and Restricted Stock Units at a price of $54.85 per share.
- Following these transactions, Newman directly owns 130,998 shares of common stock and indirectly owns 4,980 shares through the Altria Deferred Profit-Sharing Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a routine disclosure of stock transactions. There is no indication of positive or negative sentiment towards the company.
Positives
- The acquisition of shares through vesting of performance stock units indicates confidence in the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect an executive's stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| February 24, 2022 | Date of grant for the Performance Stock Units that vested on February 27, 2025. |
| February 26, 2025 | The closing price of Altria Group, Inc. common stock on this day was $54.85. |
| February 27, 2025 | Date of the reported stock transactions (acquisition and disposition). |
| March 03, 2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.