MO.NYSEAltria Group, INC

Form 4: Altria Executive Reports Stock Transactions Following PSU Vesting

Sentiment:

SEC Form 4 Filing

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EVP & General Counsel Robert A. McCarter III reports acquisition of shares from vested Performance Stock Units and subsequent disposal to cover tax obligations.

Summary

  • Robert A. McCarter III, EVP & General Counsel of Altria Group, Inc., reported changes in beneficial ownership of Altria stock on February 27, 2025.
  • He acquired 5,088 shares of common stock upon the vesting of Performance Stock Units (PSUs) granted on February 24, 2022.
  • McCarter also disposed of 5,500 shares to satisfy tax obligations related to the vesting of PSUs and Restricted Stock Units (RSUs) at a price of $54.85 per share.
  • Following these transactions, McCarter beneficially owns 105,414 shares, which includes 74,732 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

DateDescription
February 24, 2022Date of grant for Performance Stock Units that vested.
February 26, 2025Last trading day immediately preceding the shares vesting; closing price of Altria Group, Inc. common stock was $54.85.
February 27, 2025Date of stock acquisition and disposal.
March 03, 2025Date of Form 4 signature.

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